M&T Bank Deploys $138M for Philly Affordable Housing Project

The Philadelphia Housing Authority (PHA) has sealed a $137.5 million financing package for its planned affordable housing development in West Philadelphia, Commercial Observer has learned. The capital stack obtained by PHA for its Westpark Redevelopment housing project and the Westlake Apartments includes a $62.1 million construction loan provided by M&T Bank and a $45.2 million […]