Board approves amendment to convert HV Land project to permanent financing
The board approved an amendment enabling conversion to permanent financing for an HV Land Co. project (not to exceed $41,561,000), which the presenter said supports 251 affordable units and uses Freddie Mac for the permanent loan.
The full story
The board approved an amendment allowing HV Land Co. LP to convert interim financing to permanent financing, with a not-to-exceed amount of $41,561,000 for multifamily housing revenue bonds.
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