Renewal Housing Associates, LLC acquires and rehabilitates existing federally assisted multifamily residential developments and preserves them as affordable housing.
Renewal uses a range of resources for affordable housing preservation available at all levels of government. These include:
- Low-income housing tax credits
- Tax-exempt bonds
- State and local housing trust funds
- HUD Section 236 decoupling
Renewal has successfully completed transactions involving HUD-insured, Fannie Mae, and uninsured first mortgage financing. Its equity investors include both local and national housing credit syndicators.