Piney Branch - Affordable Housing, Tax Credits
Current project: pre-renovation, developed by Building Partnerships as joint venture partner with E&G Group.
- Development consultant since 2008
- Successful arrangements for DHCD acquisition funding in 2011
- Successful application for 9% Tax Credit in 2012
- One of several buildings in the 2nd LIHTC pool
- Architectural and construction planning in process
- Full renovations planned
- Affordable rents with option to repurchase
- This project is in pre-construction stage of redevelopment.