Lument Provides $16.9 Million Freddie Mac Forward Commitment Loan to Build New Affordable Housing High-Rise in Washington, D.C.

Emily Parkin

NEW YORK, Dec. 16, 2021 /PRNewswire/ — Lument recently underwrote a two-tranche unfunded forward commitment for a Freddie Mac tax-exempt loan (TEL) totaling $16.9 million to construct 1515 North Capitol Apartments, a new affordable housing high-rise development located in Washington, D.C.’s Truxton Circle neighborhood. The 15-story apartment building will feature […]