Village of Hope – Gary, Indiana
Closed - April 2016
Kuhl & Grant LLP served as counsel to the developers and the owner in connection with the acquisition and new construction of Village of Hope, a 40-unit permanent supportive rental housing project in Gary, Indiana. Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits (Alliant), conventional construction financing (KeyBank) and subordinate financing (Indiana Housing and Community Development Authority). The project is being co-developed by Sojourner Truth House, Inc. and TWG Development, LLC.