NewPoint Impact Fund I has provided $13.3 million in 501(c)(3) bond financing to facilitate the acquisition, rehabilitation, and recapitalization of Ridgecrest Apartments Phase II.
NewPoint’s Michael Gehl joined Seniors Housing Business for its annual finance roundtable discussion on the state of the seniors housing and healthcare market.
NewPoint senior managing directors Bryan Dickson and Marc Cesare shared their take on the affordable housing market challenges and opportunities at play.
The Department of Housing and Urban Development (HUD) revised its Corporate Credit Review (CCR) process for portfolios utilizing FHA Section 232 programs to finance residential care facilities.
With the number of cost-burdened renter households exceeding 22 million, finance experts say local, state and federal governments are key to remedying the situation.