PressOctober 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.
PressJuly 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.
PressApril 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.
PressNovember 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
PressJanuary 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.