Deals with Centerline Capital Group Announced

Rainbow Housing Assistance Corporation is proud to announce a new partner in Centerline Capital Group. Service contracts went into effect on December 1 for six sites in Houston, Texas.

Rainbow has been contracted by Centerline to provide its service-enriched housing model to their Houston portfolio. These sites include:

• Champion Townhomes on the Green at 11201 Veterans Memorial Dr, Houston, TX 77067
• City Parc II at West Oaks at 3530 Green Crest Dr, Houston, TX 77082
• Emerald Bay at 6767 Bennington St, Houston, TX 77028
• Shadow Ridge at 12203 Old Walters Rd, Houston, TX 77014
• Sweetwater Point at 7909 S Sam Houston E, Houston, TX 77075
• Villas on Winkler at 8625 Winkler Dr, Houston, TX 77017

Centerline Capital Group is recognized by Multifamily Executive magazine as a “Top 50 Affordable Housing Owner” (full listing here).

Centerline Capital Group, headquartered in New York City with nearly 200 employees in 7 offices nationwide, is a subsidiary of Centerline Holding Company (OTC: CLNH). They provide real estate financial and asset management services, with a focus on affordable and conventional multifamily housing. In addition, they offer a range of debt and equity financing and investment products to developers, owners, and investors.

Core businesses include: Low-Income Housing Tax Credit (LIHTC) syndication, affordable debt and fund management; asset and portfolio management; and affordable and conventional multifamily lending, primarily as a Fannie Mae DUS lender, Freddie Mac seller-servicer, and FHA-approved mortgage provider.

More info on Centerline Capital Group here.