Jul
27
Build NYC approved tax-exempt financing for four NYC nonprofit institutions this week, including the Seaview Senior Living Housing Development Fund Corporation in Staten Island, which was approved for about $33.6 million in tax-exempt bonds. The proceeds from the bonds will be used by Seaview to construct a 188-bed assisted living and memory care facility and a building for social and recreational use by residents, as well as to renovate a historical landmark building for visitors. The three additional projects approved for tax-exempt financing were All Stars Project, Inc., The Browning School, and HealthCare Chaplaincy, Inc. Find out more about Build NYC, which continues to distinguish itself as a critical resource for City nonprofits looking to reduce costs and finance new expansion projects.

Build NYC approved tax-exempt financing for four NYC nonprofit institutions this week, including the Seaview Senior Living Housing Development Fund Corporation in Staten Island, which was approved for about $33.6 million in tax-exempt bonds. The proceeds from the bonds will be used by Seaview to construct a 188-bed assisted living and memory care facility and a building for social and recreational use by residents, as well as to renovate a historical landmark building for visitors. The three additional projects approved for tax-exempt financing were All Stars Project, Inc., The Browning School, and HealthCare Chaplaincy, Inc.

Find out more about Build NYC, which continues to distinguish itself as a critical resource for City nonprofits looking to reduce costs and finance new expansion projects.

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