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Home AEC Billy G. Mills Manor Lands $28.9MM HUD Refinance, Preserving 102 Affordable Units Near USC in Los Angeles
AECFinanceIndustry NewsLos AngelesResidential

Billy G. Mills Manor Lands $28.9MM HUD Refinance, Preserving 102 Affordable Units Near USC in Los Angeles

July 22, 20263 Mins read390
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Watt Capital Developers recapitalized a fully subsidized community near USC with a HUD/FHA loan timed to close alongside a 20-year Section 8 contract renewal, locking in affordability for another two decades while funding a property-wide rehabilitation. Billy G. Mills Manor, a 102-unit affordable housing community in Los Angeles, has landed a $28,876,500 refinancing that preserves […]

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