LIHTC SAIL Sale in Palatka, Florida

Affordable Housing Investment Brokerage, Inc recently represented the seller of the Kay Larkin and Grand Pines Apartments in Palatka, Florida. Kay Larkin and Grand Pines were both developed using both Low Income Housing Tax Credit (LIHTC) and State Apartment Incentive Loans (SAIL) from the Florida Housing Financing Corporation (FHFC) and are subject to regulatory agreements for 50 years from their placed-in-service date. Kay Larkin is a 60-unit garden style LIHTC property that was placed in service in 2000. Grand [...]

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