Freddie Mac, NEF Launch New LIHTC Fund

The investments are:

• $15 million LIHTC equity investment in Houston’s New Hope Housing’s Dale Carnegie development that will provide high-quality housing and supportive services to 170 individuals and families displaced by Hurricane Harvey.
• $19.6 million LIHTC equity investment in Skid Row Housing Trust’s Flor 401 Lofts development in Los Angeles. The development will serve nearly 100 homeless veterans and special needs individuals and provide housing and supportive services.
• $26.5 million LIHTC equity investment in Hollywood Community Housing’s Florence Mills Apartments to provide supportive housing in South Los Angeles, an area with a very high homeless rate. Thirteen of the 74 units will be designated for homeless veterans.