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Developers seek CRA support for 35-unit Green River LIHTC project and a 10-unit Huntington senior duplex plan
Summary
Green River Partners asked the CRA for a $151,000 low-interest loan to improve scoring on a May 1 LIHTC application for roughly 35 affordable units; a separate developer presented a 10-unit senior duplex proposal on county land in Huntington and discussed a potential per-unit CRA subsidy.
Two developer presentations took the CRA’s attention on Jan. 20: one from Green River Partners seeking early financial commitment to pursue 9% Low-Income Housing Tax Credits (LIHTC) in Green River, and a second proposing a 10-unit senior duplex development on county-owned land in Huntington.
Green River Partners requested a $151,000 low-interest loan (repayable over at least five years) to strengthen their LIHTC application due May 1. Ashley Atkinson, a principal with Green River Partners, said the team is planning “probably 35-ish affordable housing units, probably for seniors” in a…
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