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Merchants Capital Secures $56M+ in Financing for Affordable Housing Development Cumberland Crossing near Indianapolis

Summary by Yield PRO
Leading financial services provider Merchants Capital announced more than $56 million in total financing for the acquisition and substantial rehabilitation of Cumberland Crossing, a 232-unit affordable housing development in Fishers, Indiana developed by Birge & Held. The resyndication of tax credits will extend Cumberland Crossing’s affordability period for an additional 30 years, with rent restrictions […] The post Merchants Capital Secures $5…
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Yield PRO broke the news in on Monday, November 3, 2025.
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