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Albert Aizman
January 24, 2012

Wesley Housing Receives Loan

The Wesley Housing Development Corp received a 4.8 million dollar loan from fairfax county to acquireMount Vernon Apartments.  The 4.8 million dollar loan from the counties Blueprint Program will help fill the gap on an estimated 20.7 million dollar development deal and improve its application for tax credits.  The 184 unit acquisition/ rehab project will serve households at or below 30%, 50% and 60% of the Median Income.

Washington Post

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