|Re: Low Income Housing Tax Credits||<– Date –> <– Thread –>|
|From: Rowena Conkling (rowenacworldnet.att.net)|
|Date: Fri, 29 Aug 1997 08:18:43 -0500|
Rebbry [at] aol.com wrote: > > Hello, I'm wondering if any of the cohousing groups have successfully used > low income housing tax credits as a financing strategy. We would like to > discuss this strategy further with anyone who has used it. Thank you, > Rebecca Bryant, Ozark CoHousing Cambridge Cohousing has reached a deal with the Cambridge Housing Authority to purchase two of our units, a third will be reserved for the Cambridge Condo Initiative, which provides loans to moderate income families on a limited equity basis. Apart from that our financing was done through the Massachusetts Housing Investment Corporation, which was created toencourage innovative houjsing solutions. I am about to move so I can't take time to talk more about this I'll ask someone who knows more to follow up . [I'm about to join the growing numbers of CAmbridge Cohousers who are currently homeless because of a delay in completing construction. We are throwing our worldly goods into storage and mvoing in on our friends. It would be funny, except a couple of families with small children may be next and that's more of a problem.] rowenac
Low Income Housing Tax Credits Rebbry, August 28 1997
- Re: Low Income Housing Tax Credits Rowena Conkling, August 29 1997
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