News

Menu
Press
October 31, 2023 R4 Capital provided $13.9MM in tax credit equity to finance 120 units of affordable housing for families to complete this successful hotel conversion in Durango, CO. The adaptive reuse of unused hotels in Colorado offers a way to expand housing for people experiencing homelessness in their state.
Press
July 11, 2023 Utilizing the GAP to LIHTC program, R4 congratulates our developer and financing partners for the groundbreaking of MiraSol, 149 single-family affordable residences in Yabucoa, PR. R4 provided $20.6 MM in tax credit financing.
Press
July 5, 2023 Reseda Theater Senior Housing opens with 26 units built for residents with mobility, hearing and, visual impairments in the Los Angeles metro area. 4 Capital and R4 Capital Funding were pleased to be financing partners providing $7.6 MM in tax credit equity and $9.6 MM in construction-permanent tax-exempt financing.
Press
May 9, 2023 Chicago’s Covent Apartments Makes Math Work with HTCs, LIHTCs.
Press
April 10, 2023 Chicago’s Covent Apartments Make Math Work with HTCs, LIHTCs
Press
April 5, 2023 R4CF was proud to be a part of this project that preserved 120 affordable housing apartments for the residents who live there. R4CF provided $25MM of tax-exempt debt to upgrade and modernize the property.
Press
March 9, 2023 How Will the LIHTC Market Respond to Deals Carrying Over into 2023? Syndicators report on their 2022 activities.
Press
February 22, 2023 Coppertree Village Apartments, Houston,TX, to Be Revitalized Under New $25 Million Renovation Plan
Press
November 3, 2022 At The Residences at St. Elizabeths East, innovative financing will equip more students from Southeast Washington, D.C., to be the first in their families to earn a bachelor’s degree. R4 funded the equity and debt to foster this community’s transformation.
Press
September 20, 2022 R4 Capital and R4 Capital Funding provided a combined $32.6 million tax-credit equity and bond financing for a mixed-use 50-unit affordable rental homeless senior project in the City of Los Angeles.
Press
July 19, 2022 R4 Capital attended the ribbon cutting for Canyon Terrace bringing 81 new units of workforce and family affordable housing to Nampa, ID. R4 Capital and R4 Capital Funding provided tax credit equity and debt financing.
Press
June 28, 2022 Plans for Union at Middle Creek, a new affordable housing community in Lincoln, Nebraska, are underway. R4 provided tax credit equity and debt financing.
Press
June 23, 2022 R4 Capital provided $16.7MM tax credit equity for the innovative adaptive reuse of two historic school sites creating 47 units of affordable Housing in Aurora, IL.
Press
June 22, 2022 R4 Capital Funding provided $45.5MM construction to permanent tax-exempt mortgage financing for the recently completed new construction of the 271-unit seniors rent-subsidized affordable apartments in Miami, FL.
Press
June 3, 2022 This storm-resilient development in Lockport, Louisiana is the first-of-its-kind. We are proud to work alongside our investor and developer partners to create affordable housing that keeps communities safe.
Press
June 3, 2022 R4 joined the ribbon cutting ceremony in Louisiana for Les Maisons de Bayou Lafourche, a 35-unit hurricane resilient #affordablehousing community – the first of its kind! R4 Capital financed the tax credit equity to support this storm-resistant development.
Press
May 12, 2022 Crossroads Senior Apartment Homes, the 64-unit new construction affordable housing in Seymour, IN, is nearly 100% occupied at the opening this week. R4 Capital is invested in helping people have a home they can afford in a community where they can thrive.
Press
April 27, 2022 Donerail Run, Louisville, KY’s newest 312-unit affordable housing residence, celebrated its grand opening. Says James Spound, R4 Capital Funding president, “Given the scale of the property, it promises to make a truly positive neighborhood impact.” R4 Capital Funding provided $48MM tax-exempt bonds.
Press
March 24, 2022 Steady LIHTC Pricing Expected for First Half of 2022
Press
March 19, 2022 R4 Capital and R4 Capital Funding joined our investor and developer partners at the groundbreaking of a 192-unit new-construction affordable housing and healthcare property in New Orleans. R4 provided $24.3 MM in equity and $35.5 MM in debt financing.
Press
February 3, 2022 CVS Health to Invest $12.7 Million in Affordable Housing in Nashville
Press
January 13, 2022 New construction in Santa Ana, CA, revitalizes an outdated strip mall and adds much-needed affordable housing to the area. R4 Capital provided more than $15MM in 9% tax credit equity financing for this project.
Press
November 30, 2021 PERISHill, a 45-unit affordable housing property in the Lowry Hill section of Minneapolis, opened this November. This residence includes 15 units set aside for youth aging out of foster care. For this first of its kind housing, R4 Capital provided nearly $10MM in tax credit financing
Press
October 26, 2021 R4 congratulates our developer partner on La Placita Cinco in Santa Ana, CA, which won the 2021 Jack Kemp Excellence in Affordable and Workforce Housing Award
Press
September 20, 2021 LIHTC Syndicators Report Active First Half, Midyear survey looks at increase in credits and continued deal scrutiny.
Press
June 22, 2021 Industry Veteran Joins R4 Capital
Press
April 7, 2021 R4 Capital provided $9.8 MM in tax credit equity contributing to the successful adaptive re-use of army barracks into senior assisted living housing on the Parks at Walter Reed campus adding 54 affordable units to the DC area
Press
March 5, 2021 Soft Funds and Equity Continue to be Crucial for Funding RAD Transactions
Press
February 26, 2021 R4 Capital Funding Carves Out Its Niche
Press
November 4, 2020 R4 Capital Funding provided more than $45.5MM tax-exempt bonds to replace subsidized senior housing with a new 271-unit LIHTC apartment complex located in Miami, FL. Construction has begun and will create much needed affordable housing for the community.
Press
August 24, 2020 Now open: 146 new-construction affordable housing units in Bloomington, IN. R4 Capital and R4 Capital provided $27.8MM in equity and tax-exempt financing for the property.
Press
August 13, 2020 R4 Capital and R4 Capital Funding provided $13 million of LIHTC financing to preserve and upgrade 60 units of affordable housing in Beaufort, SC, a community recently dubbed “Best Small Southern Town.”
Press
August 11, 2020 As COVID-19 impacts the affordable housing market at midyear, LIHTC syndicators, including R4’s Jason Gershwin, discuss what the next 6 months may hold.
Press
July 27, 2020 Complex financing closed for a 97-unit low-income housing property in Boston’s South End despite COVID-19 challenges.
Press
July 25, 2020 R4 Capital provided provided more than $15.5MM in LIHTC equity to fund the rehabilitation and modernization of two historic buildings in Boston’s South End.
Press
July 2, 2020 R4 Capital closes a $257.5 million national affordable housing fund safely during the COVID-quarantine. This is the second largest fund since R4 Capital’s 2011 inception.
Press
March 5, 2020 R4 Capital Executive Vice President and Director of Public Policy and Advocacy, Ronne Thielen, joins the CCAH Board of Directors
Press
March 4, 2020 R4 Capital Funding President, Jim Spound, elected to NH&RA’s Board
Press
December 13, 2019 R4 Capital financed $15MM in #LIHTC equity; R4 Capital Funding provided more than $35MM mortgage capital to rebuild 204 #affordablehousing units for #HurricaneFlorence-damaged Wilmington, NC property.
Press
August 23, 2019 184-unit affordable housing property re-opens in Fargo, ND revitalizing the residents’ homes and community. R4 provided LIHTC equity financing and were proud to attend to the grand opening celebration.
Press
August 19, 2019 R4 Capital financed $10.3 MM tax credit equity for Dino Papavero Senior Centre in the metropolitan Inland Empire area of California to update and improve 150 units of affordable senior housing.
Press
July 18, 2019 R4 provided $8.4MM LIHTC equity to finance the mixed-income housing which includes 84 units of designated affordable housing in Baltimore
Press
April 23, 2019 Welford Sanders Historic Lofts awarded State Farm Building Blocks Award at the 2019 Milwaukee Awards for Neighborhood Development Innovation (MANDI). R4 is proud to have financed this historic redevelopment transforming a community.
Press
March 20, 2019 Through HUD’s rental assistance demonstration program (RAD), the community of Killeen, TX has 76 new units of affordable housing. R4 Capital provided over $11 million of LIHTC equity financing to help bring Hyde Estates to completion.
Press
January 8, 2019 “Investors say RAD Transactions are Different, but Worthwhile,” – January 2019 issue of Novogradac Journal of Tax Credits
Press
January 4, 2019 R4 Capital and R4 Capital Funding provided $39.4 million in equity and debt financing to redevelop a 104-unit affordable housing property in Washington DC.
Press
January 3, 2019 Partnered with NJHMFA, CB Cubed, and others, R4 Capital Funding provided over $16 million in construction and permanent bond financing to provide 152 units of much-needed affordable housing at Berkeley Terrace Apartment in Irvington, NJ. This grand re-opening marks the rehabilitation and modernization of existing low-income housing in Essex County.
Press
January 3, 2019 On behalf of R4 Capital Funding, R4’s Sharon Betancourt joined NJHMFA and CB Cubed at the grand re-opening of a newly-renovated 152-unit affordable housing complex in Irvington, NJ. R4 Capital Funding provided over $16 million in construction and permanent bond financing.
Press
December 7, 2018 R4 Capital and R4 Capital Funding provided $39.4 million in equity and debt financing for 104-unit affordable housing property in Washington DC.
Press
November 28, 2018 R4 Capital and R4 Capital Funding provided over $95 million in equity and debt financing for the conversion of the historic St. Elizabeth’s Hospital in Washington, DC to a 252-unit affordable housing apartment complex.