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CBES Dudley Square
Grand Opening

Dudley Square is a seven-story building in Boston offering 57 affordable residences for seniors. The development is targeted to seniors capable of independent living but likely to need assistance with health care and daily living tasks as they age. Most residents already receive assistance from development sponsor, Central Boston Elder Services, the largest provider of home care services for the elderly in Boston. The development created 70 jobs and $4.5 million for the local economy in the first year of construction and 18 ongoing jobs. Read more.
 

NEF closes $833MM in 2011 LIHTC investments

National Equity Fund, Inc. closed $833 million in Low Income Housing Tax Credit (LIHTC) equity investments for 2011. The activity includes support for 74 new construction and rehab projects that created some 8,100 jobs, as well as secondary market acquisitions. More[+]...

Travis Street Plaza Celebrates Groundbreaking

National Equity Fund, Inc. joined Houston’s Mayor Annise Parker and other Texas state and local officials to celebrate the groundbreaking of Travis Street Plaza, a new 192-unit permanent housing community for homeless and disabled veterans. More[+]...