Cardinal Receives PNC OpZone Community Development Fund, Inc. Financing for Sheboygan Project

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Cardinal is proud to be the developer for the new construction of 7Penn Apartments, a 66 market-rate development with commercial space in downtown Sheboygan, Wisconsin. 7Penn has reached a significant milestone in raising equity to finance the project. PNC OpZone Community Development Fund, Inc. is bringing nearly a $7MM investment to allow for the commencement of construction. Cardinal is excited to be amongst the first round of recipients of the PNC OpZone Community Development Fund, Inc.