NEW YORK—Greystone Servicing Corporation Inc. has provided a $21 million refinancingfor Windham Heights, a 350-unit affordable housing complex located in Windham, Conn.
Greystone originated and will service the loan financed by the Freddie Mac Targeted Affordable Housing (TAH) Mortgage Program. The deal was completed by Greystone’s Affordable Housing team, led by Jeff Englund.
Through the Freddie Mac Targeted Affordable Housing Program,sellers originate loans for purchase by Freddie Mac as a part of the TAH network of lenders.
“Working with Freddie Mac allows us to further reach customers through a multitude of high-quality products,” said Englund. “As Greystone works closely with a number of mortgage purchasing enterprises, we are able to offer the best programs for our clients, and we are excited to continue working closely with Freddie Mac and our other partners to serve the multifamily mortgage needs of the country.”