THCAH News
2011 Developments of Distinction Award
On January 13, 2012, THC Affordable Housing, Inc. and Somerset Development Company LLP received the 2011 Development of Distinction award for outstanding achievement in the development of Webster Gardens and Fort View Affordable Housing apartments. The Award’s category of “Financial Innovation” recognizes the use of 26 sources of acquisition and construction funding in developing Fort View and Webster Gardens Apartments.
“The JTC Developments of Distinction awards recognize excellence and honor outstanding achievement in the development of projects using the low-income housing tax credit (LIHTC), historic tax credit (HTC), renewable energy tax credit (RETC), Section 1602 Exchange Program grant funds and/or tax credit projects using U.S. Department of Housing and Urban Development (HUD) program financing.”
For more info on the award and to view the video highlights, click here.
