TURNSTONE DEVELOPMENT CORPORATION

Turnstone Development Corporation is a not-for-profit 501(c)(3) real estate development corporation specializing in the construction and preservation of affordable housing. Since 1998, Turnstone Development has developed over 1,800 affordable housing units leveraging over $292 million in private and public investment capital sources. These sources include Low Income Housing Tax Credit (LIHTC), equity from the Illinois Housing Development Authority (IHDA), American Reinvestment and Recovery Act Stimulus funds (ARRA), traditional banking and lending institutions' loans and grants from Federal Home Loan Bank (FHLB) and the Department of Commerce and Economic Development (DCEO)... Since 1998, Turnstone Development Corporation has developed over 1,800 affordable housing units for families and seniors. A not-for-profit 501(c)(3), Turnstone creates and preserves affordable housing for low-income families and seniors in Illinois and Florida, seeking future projects in cities throughout the..

Also known as: Turnstone Development

Primary location: Fort Lauderdale United States