RAD conversion & rehabilitation
HUD 221(d)(4) construction financing for rehabilitation of a 368-unit affordable housing portfolio in Burlington, North Carolina. The six-site transaction combined building improvements with a RAD conversion and project-based vouchers.
Closed transaction
$23,668,000
Burlington, NC
- HUD 221(d)(4)
- Initial endorsement
- Amount shown is the original construction-loan closing amount.
- RAD / project-based vouchers
Historical transaction. Original terms are not an indication of current pricing.
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