Hunt Capital Partners, in collaboration with local nonprofit Brookmore Apartment Corporation, announced the closing of $10.13 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Towne Square Apartments, according to the press release. 

“Preserving properties like Towne Square Apartments, ensuring they remain affordable for low-income residents to improve their quality of life, is at the heart of our LIHTC investments,” said Hunt Capital Partners Executive Managing Director Dana Mayo. “We are glad to partner with Brookmore Apartment Corporation and uplift the Los Angeles community through affordable housing.”