TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million equity investment through the purchase of Low-Income Housing Tax Credits from TD’s Community Capital Group for its Preserve at Sabal Park project.
Tampa posted a cost of living index of 89.7 during the first quarter of 2019, which was a slight decline from the first quarter of 2018 when its cost of living index registered at 90.1.
Expect California, New York, Maryland, Illinois and New Jersey to enact some type of rent control legislation by the end of 2020.
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