LOANS WERE MADE TO ONE DEVELOPER, BEGINNING IN 2016, TO HELP FINANCE THE ISLIP IX DEVELOPMENT. THIS DEVELOPMENT IS CURRENTLY OWNED BY AND HELD IN NAME OF THE NASSAU SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC., AN AFFILIATE ENTITY.
Geographies
Not indicated
Dates
Jan 1, 2023 – Dec 31, 2023
Source
990
No causes provided
No populations provided
–
$11K
Affordable Housing Project Funding
A NO-INTEREST LOAN WAS MADE TO A LOCAL COMMUNITY LAND TRUST IN 2023 TO FUND AN AFFORDABLE HOUSING PROJECT IN NASSAU COUNTY, WITH CONSTRUCTION ON THIS UNIT EXPECTED TO BEGIN IN 2024.