Eight Local Projects from Lightengale Group Clients Secure $5.4M from Federal Home Loan Bank of Chicago

Eight Local Projects from Lightengale Group Clients Secure $5.4M of Just-Announced Federal Home Loan Bank of Chicago Affordable Housing Program Grants Projects receiving Affordable Housing Program (AHP) awards include Wisdom Village of Oak Street, Natalie Salmon House, Prairie Meadows Phase II, LaGrange PSH, Diamond Senior Apartments of Princeton, Hall Street Lofts, Fox Run Villas, and […]

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Veterans Day Celebration Marks Groundbreaking on A Safe Haven Veteran Village, Melrose Park’s Newest Housing Development

Developers A Safe Haven Foundation and West Suburban Housing Development Corporation team up to deliver new project that fills a critical affordable housing need in a community that is undergoing dramatic improvements. Lightengale Group provided assistance to the developers from the early stages of the project through closing. This most recent Veterans Day was a […]

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Repurchase Obligation for Low Income Housing Tax Credits

Syndicators/investors typically require a repurchase obligation from the sponsor as a condition of making equity investments in LIHTC projects. This is the most potentially costly but least likely guarantee. So, information pills what does that mean? Repurchase Obligation Essentially, unhealthy here’s what you need to know: If the developer does not meet major deadlines for […]

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Ground Breaking of Wisdom Village of Northlake, Illinois

Turnstone Development celebrated the ground breaking of their newest development, price Wisdom Village of Northlake. Located in Northlake, dosage Illinois, viagra this development plans to provide housing to seniors in the area. In an amenity rich area, the project will also offer numerous amenities on-site including a management office, an exercise room, a bike room, […]

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West Humboldt Place Grand Opening

The Children’s Place Association celebrated the grand opening of West Humboldt Place on October 9, 2015. West Humboldt Place is a new construction permanent supportive housing development located at 3533 West Chicago Avenue, Chicago, IL, in the Humboldt Park neighborhood. West Humboldt Place will provide housing for 13 families and/or individuals impacted by homelessness and […]

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LGG Announces Southwick Place Grand Opening in Matteson, IL

On September 29, 2015 Over The Rainbow celebrated the grand opening of their first LIHTC development, Southwick Place.   From concept to completion, Lightengale Group professionally guided Over the Rainbow to bring this project to life.  “Lightengale Group was the rudder that kept us on course”, said Eric Huffman, Over The Rainbow’s executive director.   […]

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LGG’s Announces The Grand Opening of Arbor Place of Lisle

Grand Opening of Arbor Place of Lisle Lightengale Group celebrates with developers Ryan Companies US, Inc. and Providence Life Services, Inc on the Grand Opening of Arbor Place of Lisle, a new development with 80 affordable housing residences for seniors aged 55 and above that opened in September. The Village of Lisle staff and Trustees […]

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Four Lightengale Group Clients Win LIHTC Approval in Most Recent Round of Announcements from Illinois Housing Development Authority

Lightengale Group led and coordinated LIHTC application and approval processes on behalf of its developer clients for Midtown Crossing Apartments (Des Plaines, IL), Wind Mill Manor (Batavia, IL), Prairie Meadows II (Hoopeston, IL), and Lincoln Park Villas (O’Fallon, IL). Totaling over 4.17 million in LIHTC allocations for 215 units, this marks the latest LIHTC successes […]

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Thorpe Housing Development Fund Company Closes on Financing for Senior Housing in Sparkle, NY

Thorpe Housing Development Fund Company Closes on Financing and Ready to Begin Extensive Rehabilitation of Thorpe Village Affordable Senior Housing Community in Sparkill, health New York Thorpe Village is a four-building independent senior community that will enjoy an efficiency upgrade and modernization of all 200 units and shared community spaces. The owner was assisted by […]

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