Western Alliance Bank's $33 million construction loan for Marble Manor Phase I, a 138-unit housing redevelopment in Las Vegas, adds to a financing package that includes $31 million in tax-exempt bonds and $2 million in taxable bonds, alongside $19.46 million in tax-exempt permanent bonds. Enterprise Community Partners is also providing $21.7 million in tax credit equity, while a $53 million HUD Choice Neighborhoods Grant adds federal backing for co-developer Brinshore Development. R4 Capital Funding serves as loan servicer and asset manager for the project.
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