Crawford Apartments II – Bloomington, Indiana
Closed - October 2016
Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and new construction of Crawford Apartments II, a 35-unit permanent supportive rental housing project in Bloomington, Indiana. Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits (Cinnaire), conventional construction financing (Old National Bank) and subordinate financing (Indiana Housing and Community Development Authority, City of Bloomington and Federal Home Loan Bank of Indianapolis). The project is being developed by LifeDesigns, Inc., with consulting services provided by Milestone Ventures, Inc.