Transactions

In its continued efforts to help preserve critical affordable housing in the United States, Greystone Affordable Development recently closed a $120.5 million transaction – its first in the state of Texas – in collaboration with Burnet, Texas based Hamilton Valley Management, Inc., an owner and manager of affordable multi-family housing in rural areas of Texas. Utilizing the housing industry’s critical 4 Percent Low Income Housing Tax Credit (Housing Credit), which is currently in crisis due to historically low rates, Greystone Affordable Development will redevelop, modernize and secure affordable rental homes for thousands of Texans.