Affordable Housing News: Repost: “COLUMBIA, Md., TULSA, Okla. and RICHMOND, Va. (May 6, 2021) – Enterprise Community Partners (Enterprise) announced a $20 million commitment from Charles and Lynn Schusterman Family Philanthropies (Schusterman), along with $5 million from the Community Investment Guarantee Pool (CIGP), toward Equitable Path Forward, Enterprise’s five-year, $3.5 billion nationwide initiative to invest in Black, Indigenous, […]
New Funding Available for the Preservation of Affordable Housing PRESS RELEASE FROM 01/18/2022: The Illinois Housing Development Authority (IHDA) is now accepting applications under its Capital Bill Preservation Program: Limited Rehab. This program will provide subordinate financing to current developments with existing income and occupancy restrictions that have outstanding capital improvement needs that cannot […]
Ribbon Cutting Ceremony for East Bluff Housing Join Lightengale Group (LGG) in congratulating Peoria Opportunities Foundation (POF) on the successful opening of East Bluff Housing (EBH). On November 4th, clients, partners, and media came out to show their support for this project at the ribbon cutting ceremony for EBH. This development located in the East […]
Financing Closes in Geneva, IL! Congratulations are in order to The Burton Foundation (TBF); on September 2nd they closed on financing for their newest development, Emma’s Landing. TBF was also awarded this month with funding from Federal Home Loan Bank, Chicago; through their Affordable Housing program. This project will bring much needed housing to residents, […]
Congratulations are in Order! Iowa Finance Authority (IFA) has announced this year’s 9% LIHTC Allocation awards and we would like to congratulate our clients who have been awarded funding for the following projects: Graceview Courtyard Phase II (Council Bluffs) – Immanuel and 3 Diamond Development Reserves at South Lake(Grinnell) – Overland Property Group Reserves at […]
Mercy Housing Miriam Apartments Wins Preservation Award Congrats are in order to our friends over at Mercy Housing for their most recent award presented at this years Community Neighborhood Development Awards (CNDA). The Miriam Apartments Preservation Project won the ‘Polk Bros. Foundation Affordable Rental Housing Preservation Award’. Per the LISC Press Release: “CHICAGO—LISC Chicago has […]
Mustacchi manor Breaks Ground in Matteson, IL Congrats are in Order to our client, Over the Rainbow (OTR) Association for the recent finance closing and ground breaking of a new Senior Living community in Matteson, IL. This is the 4th project with OTR and the whole team including: LGG, Weese Langley Weese architects and Skender […]
Financing Closes and Construction Starts in Jerseyville, IL! Congratulations are in order to 3 Diamond Development (3DD) and Regional Housing Development (RHD)! On May 3rd, 3DD and RHD closed on financing for their newest Diamond Senior Apartments location, in Jerseyville, IL! This project represents an important addition to the supply of high quality, affordable housing […]
North Park Village Closed on Financing Congratulations are in order to Elderly Housing Development and Operations Corporation (EHDOC)! This Spring, EHDOC closed on financing for their project, North Park Village! This will be a rehabilitation of 180 senior housing units. The historic appearance and original character of the building will be preserved. The overall campus […]
LPCS Metamorphosis Gala 2021 Join Lincoln Park Community Services (LPCS) virtually this year, on Friday, May 21st at 7pm! Learn more about Metamorphosis and see ways to donate, get raffle tickets, and more before Friday’s virtual event. You can learn more about the work Lightengale Group (LGG) and LPCS have done together on our Client […]