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Hannibal MPR Transfer

MHDC Provided:

AHAP tax credits to facilitate the 1st transfer.

Supplemental management fees during transition of ownership.

MHDC awarded LIHTC to the property in 2008 to complete rehab.  It took 3 years to receive an Allocation of Housing Tax Credits.

Consultant

LRG assisted NECAC in the MHDC AHAP Tax Credit Application and the RD Transfer package in 2005.

LRG is assisting in the LIHTC application, co-developer, assisting in 2nd transfer with RD for Tax Credits.

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