Park Lane Villa
Market Rate Housing
Abington Arms Apartments
TFG’s extensive involvement in the business and political aspects of Affordable Housing has allowed us to successfully develop and operate over 60 Affordable, subsidized properties, containing over 10,000+ units, $500M+ in debt and $200M+ in equity.
Today, TFG continues to develop, own and manage Affordable Housing properties, providing our residents comfortable, stable and well maintained living options.
Ginger Ridge Apartments
In June, 1999, Ginger Ridge, a 469-unit property owned by its residents, through an Illinois non-member not-for-profit reached substantial completion of its $32,000,000 revitalization 3 months ahead of schedule and $1,000,000 under budget. The one bedrooms average 647 square feet, two bedrooms – 938 square feet and three bedrooms – 1,514 square feet.
Arbor Park Village
Charlotte Harbortown Homes
Livingston Park Apartments (the “Property”), located on a single 9.14 acre parcel of land in the Shaker Square neighborhood of Cleveland, Ohio, consists of 10 three-story buildings each containing 18 units, and 1 three-story building containing the 15 deluxe 2br/2ba units plus the management office. The Property benefited from some partial rehabilitation, in 2004/2005, funded through a combination of a HUD-insured first mortgage and Low Income Housing Tax Credit Equity.
In September, 2010, prior to acquiring Hawks Landing, TFG presented the City of Cleveland its thorough analysis for the complete rehabilitation of Hawk’s Landing. Working with the City, the County, local officials and HUD among others, TFG obtained a $3.6M allocation of NSP-3 funds, a $5,490,000 HUD 221(d)(4) insured mortgage and $600,000 of City funding. With the funding in place TFG put together a comprehensive rehabilitation plan that included practically new everything.