Lewis County Affordable Housing (Revitalization)
Was part of the portfolio transfer with NECAC as non profit purchaser
Four (4) RD properties in 3 different cities within county combined into one property.
Process consisted of 2 transfers
1st transfer was to NECAC as non profit at new rates and terms (11/16/06)
2nd transfer was to a Limited Partnership in which NECAC Affordable Housing LLC is the Managing General Partner in order to sell LIHTC to investors (terms of this transfer were same rates and terms) (10/31/07)