Hunt Capital Partners said it celebrated the grand opening of Northside Village, the first tranche in the redevelopment of Yates Village public housing in Schenectady, NY. Featuring 25 substantially rehabilitated apartments and 64 newly built homes, Northside Village is an Environmental Social Governance (ESG) investment for HCP. The syndicator provided $16.65 million in Federal and State LIHTC equity financing.
“We are proud to invest in Northside Village, which furthers our Environmental Social Governance priorities,” said Hunt Capital Partners Executive Managing Director Dana Mayo. “Increasing access to affordable housing is essential to building inclusive, sustainable communities. Safe housing enriched with programs leads to greater education advancement, economic stability and healthier lifestyles for a tangible, positive social impact.”
