Monarch Private Capital Partners with TWG Development to Address Affordable Housing in Muncie, Indiana
Monarch Private Capital Partners with TWG Development to Address Affordable Housing in Muncie, Indiana
07/18/24, 12:18 PM
Location
Industry
capital markets
Type
partnership
Monarch Private Capital has announced the financial closing of its first Indiana Low-Income Housing Tax Credit (LIHTC) project, Kilgore Place, in partnership with TWG Development. The project aims to provide attainable housing in Muncie, Indiana to address the shortage of quality housing.
Company Info
Location
atlanta, georgia, united states
Additional Info
Founded in 2005, Monarch Private Capital (formerly State Tax Credit Exchange) is a financial services company providing federal and state tax credit solutions to Fortune 500 companies, businesses and high-net worth individuals aimed at lowering their federal and/or state tax liabilities while supporting socially beneficial activities. Created by state and federal governments, tax credits incentivize specific business activities which government deems worthy of stimulating. MPC’s singular focus is on the structuring and placement of transferable tax credits.
Since its inception, Monarch Private Capital has placed billions of transferable credits in the marketplace without the recapture of a single credit. We are a strong and stable clearing house for transferrable tax credits and tax equity credit funds which deliver customized, low-risk, tax-saving solutions to clients.