US EditionCPC, Pennrose Receive $6.8M in Agency Financing for Delaware Affordable Housing Project
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CPC, Pennrose Receive $6.8M in Agency Financing for Delaware Affordable Housing Project
WILMINGTON, DEL. — An affiliate of Community Preservation Corp. (CPC) and Pennrose has received a $6.8 million Freddie Mac loan for Imani Village Phase IV, an affordable housing project in northeast Wilmington. Phase IV of the eight-phase project, which will eventually add more than 700 units to the local supply, totals 84 units that will be subject to a range of income restrictions. In addition, nine units will be set aside for renters with spe…
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