BELLINGS

Waterford Launches Construction on Milpitas Affordable Housing

Waterford Property Company has begun construction on a 75-unit affordable housing community in the Santa Clara County city of Milpitas. The project is being financed with 4% low-income tax credits and private activity bonds and is set for completion in early 2028. As part of a…

Waterford Property Company has begun construction on a 75-unit affordable housing community in the Santa Clara County city of Milpitas. The project is being financed with 4% low-income tax credits and private activity bonds and is set for completion in early 2028. As part of a…

BELLINGS Intelligence Score: 12

Why it matters

The launch of construction on a 75-unit affordable housing project financed with low-income tax credits and private activity bonds is routine operating activity within the real estate finance sector, with limited broader market impact or novelty.

Sources

  • Connect CRE

    Waterford Launches Construction on Milpitas Affordable Housing

    Waterford Property Company has begun construction on a 75-unit affordable housing community in the Santa Clara County city of Milpitas. The project is being financed with 4% low-income tax credits and private activity bonds and is set for completion in early 2028. As part of a…