Monarch Private Capital closes four LIHTC investments backing 418 affordable homes, $157.6 million development costs

By Public Technologies
  • Monarch Private Capital closed four LIHTC investments in August to develop or preserve 418 affordable homes across South Carolina, Missouri, Georgia.
  • Portfolio carries projected development costs of USD 157.6 million, led by a USD 78.7 million, 216-home project in Kansas City.
  • Transactions are expected to generate about USD 34.9 million of state LIHTCs, including USD 13 million in South Carolina, USD 13 million in Georgia.


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