Recording: WASHINGTON REPORT – An Update on the Past and PresentFebruary 9, 2023
Join us to discuss which community development programs the 117th Congress has prioritized in the Fiscal Year 2023 spending deal. We will answer the question, "How will community development programs fare after changes in Congressional leadership?" We will review the key agenda items for the White House, Senate, and most importantly, the newly elected House Majority. Our team of Washington insiders will walk you through the implications of a divided Congress.
NDC Corporate Equity Fund Announces the Financial Closing of Union at Pacific HighwayFebruary 3, 2023
NDC CEF is excited to announce the closing of Union at Pacific Highway, located in Corvallis, Oregon. The project is the new construction of a family apartment project that will consist of one hundred and seventy-four (174) units contained within five residential buildings.
NDC Corporate Equity Fund Announces the Financial Closing of Sheptysky ArmsFebruary 3, 2023
Sheptytsky Arms is an existing senior rental project that consists of fifty units in one building that was built in 1986. The property includes studio, one, and two bedroom units that will be rented to senior households (62+) whose income does not exceed 60% of the area median income. Upon closing, HUD issued a new 20-year Housing Assistance Payment contract on the property allowing residents to pay 30% of their adjusted gross income to rent.