Equity Wanted for Urban Mixed Use Development Projects that qualify for Tax Credits

We have several projects in South Carolina that may qualify for Tax Credits. It may be possible to receive an allocation of up to 25% of the 1st …

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We have several projects in South Carolina that may qualify for Tax Credits. It may be possible to receive an allocation of up to 25% of the 1st Mortgage amount.The Tax Credits could be used to provide equity for the project or a subsidized interest rate on the loan. We are interested in an Equity Investor that will provide working capital for the projects, loan guarantees and any additional equity if required. A  7 year investment in the qualifying properties is required as a condition of  the Tax Credits. A preferred return of 8% on Equity Contribution and 50% of the profit.

 

 

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