Affordable Housing Investments Solutions1
You’re working to meet the growing need for affordable housing, including workforce housing. Turn to us for strategic tax-exempt and taxable bond financing solutions to help meet your needs. Our experts offer solutions to on-the-ground syndicators, intermediary firms and lenders working with developers, government and nonprofit entities. We provide bond funding for:
- Bridge structures
- New construction
- Permanent take-out solutions
- Commercial Property Assessed Clean Energy (C-PACE ) funding
Our Projects at a Glance
With dozens of projects across the country, the Western Alliance Affordable Housing Investments group is an experienced investor in a wide range of affordable housing developments. Examples include:
New construction: Ground-up development of 10, three-story, garden-style buildings offering 240 units plus a clubhouse/community building in Decatur, Georgia.
Adaptive reuse: Conversion of a portion of the historic St. Elizabeth’s Hospital into a 252-unit mixed-income property in the Congress Heights neighborhood of Washington, D.C.
Rehab/renovation: Acquisition and rehabilitation of an existing 121-unit multi-family community located east of Los Angeles in La Puente, California.
1. All offers of credit are subject to credit approval, satisfactory legal documentation, and regulatory compliance. Borrowers are responsible for any appraisal and environmental fees plus customary closing costs, including title, escrow, documentation fees and may be responsible for any bank fees including bridge loan, construction loan, and packaging fees.