Published on September 11, 2025 by AHF Staff
Berkadia has closed on a $100 million low-income housing tax credit (LIHTC) fund.
The company announced that Berkadia Housing Partnership XV 2025 will help finance the development and rehabilitation of 434 affordable housing units across six properties in five states—California, Colorado, Maryland, Virginia, and Rhode Island.
[…]The fund is comprised of six investors from the banking and insurance industries and six experienced nonprofit and for-profit housing developers. The four new-construction and two rehabilitation developments will provide housing for families and seniors earning between 30% and 80% of the area median income.
