Monthly Archives: January 2015
Energy Conservation Initiative
Over the past few years, FCC and its affiliates have engaged in greening of its portfolio. This initiative has focused on reducing energy usage and conserving water. By working with various funding sources including utility firms, this initiative has improved … Continue reading
2014 Affordable Housing Preservation Transactions
In 2014, FCC and its affiliates obtained over $17,000,000 for the refinancing of 4 properties containing 616 affordable housing units. Proceeds from the refinancings were used for capital improvements, strengthening replacement reserves and providing cash distributions to investors. Some of … Continue reading