NEW ORLEANS, LA - Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, announced that it has acquired Tivoli Place and will carry out an extensive rehabilitation of the property. This a milestone transaction for the company, as it is LAC s first rehabilitation using Historic Tax Credits and its first within the state of Louisiana. As a part of the renovation, LAC will invest more than $35 million to upgrade the century-old building, preserving its.
The California company that purchased the Tivoli Place apartment building on St. Charles Avenue in New Orleans has plans to spend $35 million rehabilitating the historic building.
/PRNewswire/ Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, today announced that it has acquired Tivoli.
Durham warden clears Bishop Auckland yards of rubbish thenorthernecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenorthernecho.co.uk Daily Mail and Mail on Sunday newspapers.