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Friedrichs Supportive Housing
Mount Vernon, NY

The Wartburg Home of the Evangelical Lutheran Church, a not-for-profit organization that services the needs of low-income older adult of all faiths at its 36 acre Mount Vernon, New York campus.

Developed the financing structure, prepared the necessary applications for funding, negotiated financing terms and managed the closing process in conjunction with Sponsor to develop 61 units of new affordable senior apartments on the Wartburg Campus in Mount Vernon, New York. Construction was completed February 2013.

Tax exempt financing issued through New York State HFA,NYS HFA tax credits, NYS HEAL funding and HFA subsidy loan.