Wespath Affordable Housing Loans:
A Place for Us – Cleveland, OH
| Wespath Benefits and Investments and its subsidiaries, including Wespath Institutional Investments, participate in the Positive Social Purpose Lending Program. The information below provides details about a property recently financed through this program. |
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Wespath Benefits and Investments, through it's Positive Social Purpose Lending Program and in partnership with Cinnaire, purchased a participation in a loan providing financing for a 55-unit Low Income Housing Tax Credit project for individuals aged 55+ with incomes up to 60% area median income. A Place for Us is an inclusive community that also offers a variety of services to all residents. Click here for additional information about this unique project. |
 Image Source: Cinnaire |
Transaction Summary |
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| Property Name: | A Place for Us |
| Location: | 11610 Madison Ave, Cleveland, OH 44102 |
| Units: | 55 |
| Loan Amount: | $966,000 |
| Term: | 30 years |
| Purchase Date: | September 28, 2017 |
For more information about Cinnaire: www.cinnaire.com