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Monarch Private Capital Finances Needed Affordable Housing Development in Nebraska
Monarch Private CapitalJanuary 20, 2021 GMT
ATLANTA, Jan. 20, 2021 (GLOBE NEWSWIRE) Monarch Private Capital, a nationally recognized tax-advantaged investment firm that develops, finances, and manages a diversified portfolio of projects that generate both federal and state tax credits, is pleased to announce the financial closing of low-income housing tax credit equity (LIHTC) for an $8.8 million affordable housing development called Rolling Meadows in Lexington, Nebraska.
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The Rolling Meadows apartments are located at 700 Taft Street in Lexington, Nebraska, consisting of 50 three-bedroom affordable housing units arranged across 25 duplexes. The new community directly supports Lexington’s 2020 Development Action Plan designed to increase the number of housing units in the city and stimul
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