Lantern Group

 

 
DEVELOPMENT TEAM PROGRAM INFO CONSTRUCTION UPDATE FACT SHEET GALLERY CONTACT LINKS

Rustin House

 

Development team

  • Limited Partnership:    Rustin House LP
     
  • General Partner:    Rustin Service Corp.
     
  • Co-Borrower:    Clover Housing Development Fund Corporation (HDFC)
     
  • Sponsor:    Lantern Organization, Inc. (www.lanterngroup.org)
     
  • Lenders:

    1.
    The City of New York, acting by and through its Department of Housing Preservation and development (HPD) (www.nyc.gov/hpd)

    2.  Lantern Organization, Inc.

    3. Federal Home Loan Bank of New York Affordable Housing Loan Program (FHLB-AHP) (www.fhlbny.com)
     
  • Counsel:    Hirschen Singer & Epstein LLP (www.hirschensinger.com)
     
  • Equity Investor:    U.S.A. Institutional Tax Credit Fund LXXXII LP
     
  • Social Service Provider:    Lantern Community Services, Inc. (www.lanterngroup.org)
     
  • Property Management Provider:    Arete Management LLC
     
  • Syndicator:    The Richman Group, Inc. (www.therichmangroup.com)