News
- April 5, 2018
- Posted by: neder
- Category: Rental Assistance
The low-income housing tax credit (LIHTC), continues to serve the nation’s most vulnerable households, according to “Understanding Whom the LIHTC Program Serves: Data on Tenants in LIHTC Units as of December 31, 2015,” a U.S. Department of Housing and Urban Development’s (HUD) report released March 20, 2018. The report provides insight into households in LIHTC…
- March 5, 2018
- Posted by: neder
- Category: ADA compliant
About $600,000 in building improvements to Wheeling’s 78-unit Arbor Court Apartments, half of which will be funded by tax increment financing money, will likely be completed by the end of summer, says the complex’s TIF consultant, Michael Laube. The Wheeling village board approved an application submitted by Neder Capital Services, Arbor Court’s owner, for $300,000…
- March 5, 2018
- Posted by: neder
- Category: General Construction, House Renovation
Wheeling officials gave early approval Monday for a development with retail, apartments and row homes on Dundee Road, despite concerns ranging from the number of parking spaces at the site to the development’s name. The village board voted 6-1 to approve the concept of the Dunshire development at the northeast corner of Dundee Road and…
- March 5, 2018
- Posted by: neder
- Category: Affordable Housing, House Renovation
Maintenance or a major facelift? Wheeling Trustee Bill Hein says a nearly $1.1 million project at Arbor Court apartments falls into the second category. Hein supports the village awarding tax increment financing to reimburse the property owner for some of the renovations. Hundreds of residents live in the 13 apartment buildings in the complex along…