Developments > Tapley Court
Using MHIC’s $512,365 historic tax credit investment along with other funds, sponsor Better Homes, Inc. performed needed improvements to the Tapley School, a low-income housing tax credit project that had reached the end of its compliance period and which Better Homes purchased from the original developer. This building provides 30 units of affordable rental housing.
Tapley Court
Project at a Glance:
Location:
Springfield
Development Type:
Rental
MHIC Financing:
$512,365 in LIHTC financing
Sponsor:
Home City Development, Inc.
Number of Units:
30
Using MHIC’s $512,365 historic tax credit investment along with other funds, sponsor Better Homes, Inc. performed needed improvements to the Tapley School, a low-income housing tax credit project that had reached the end of its compliance period and which Better Homes purchased from the original developer. This building provides 30 units of affordable rental housing.