Projects
Lincoln Gardens Apts, 100 Units, Jackson MS
Lincoln Gardens Apts, 100 Units, Jackson MS

Class of Project: Tax Credit Acquisition

Resident Profile: Family Designation

Subsidy: Project Based Section 8 Vouchers, 9% LIHTC, TCAP & Exchange

Financing: Conventional Loan from Hope/ECD Credit Union

State Agency: Mississippi Home Corporation (MHC)

Limited Partner(s): Alliant Capital

Join Venture Partner(s): The Wishcamper Companies, Inc. (TWC)

This community for families includes 100 one-, two-, and three-bedroom apartments. The property was purchased from an individual owner who did not own any other affordable assets and was in need of major rehabilitation. The development plan was created in collaboration with local government and political leaders and completely transformed an aging and neglected property with high criminal activity into a stable community asset.

Lincoln Gardens Pre-Rehab