Enterprise Community Investment reported closing 11 new low-income housing tax credit (LIHTC) deals in December.
A leading LIHTC syndicator, Enterprise leveraged more than $145 million in equity to fund the properties.
The deals are a mix of new construction and rehabilitation of existing properties, with some reserved for seniors and others for families. Several will be located with convenient access to public transportation. All of the properties will feature environmentally-friendly amenities, and a majority will meet the Enterprise Green Communities Criteria, the first national framework for creating and preserving green affordable housing.
The properties are in Colorado, Illinois, Iowa, Maryland, Mississippi, New Jersey, New Mexico, New York, and South Carolina.