LIIF Invests in 288 Units of Stable Housing in the Least-Affordable Major U.S. City
LIIF recently provided a $2.1 million loan to AMTEX Multi-Housing LLC for the acquisition of land to build Meadow Apartments, 288 units of affordable housing in Travis County, Texas. Fifteen of the units will be leased to tenants at or below 30% of the median family income (MFI). The rest of the units will be marketed…