A $445,000 predevelopment loan from the Leviticus Fund is bolstering the planned redevelopment of a turn of the century vacant warehouse into affordable and mixed--income rental housing in Troy, New York.
The project, Tapestry on the Hudson, will generate 67 one-bedroom and two-bedroom units and incorporate energy saving features such as solar panels and geothermal heating and cooling systems.
The Leviticus Fund hosted an event in New York City this summer to celebrate the involvement of individual Associate investors in its community development work.