Move lawsuit against Zillow clears contempt hurdle with settlement

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Twitter roundup of this week's top housing articles

CFPB heads up the list

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
W S
Lending / The Ticker

Greystone closes on $117M affordable housing deal

Goal is to create affordable housing in Georgia

affordable housing
/ Print / Reprints /
| Share More
/ Text Size+

Greystone, a multifamily mortgage lender, announced the closing of a multifamily transaction in Georgia worth $117 million.

The financing provided for the deal will cover the cost of acquiring and rehabilitating 44 affordable housing properties, consisting of 1,362 units that will eventually serve low-income households in 30 counties across the state.

"Affordable housing communities across the country are suffering from significant age and many are in drastic need of renovation and modernization," said Tanya Eastwood, managing director for Greystone’s Affordable Housing Initiatives group. 

"This combined with the ever increasing state and federal budget restrictions has made preservation of existing affordable housing stock even more of a challenge,” she added. 

Recent Articles by Brena Swanson

Comments powered by Disqus