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Grant: NORTH CAROLINA HOUSING FINANCE AGENCY

Primary Recipient

NORTH CAROLINA HOUSING FINANCE AGENCY

Amount

$52,152,687.00

Award Date

6/24/2009

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.258

CDFA Program Title

Tax Credit Assistance Program (Recovery Act Funded)

Description

The Tax Credit Assistance Program (TCAP) will fill financing gaps caused by the reduction of equity investment in the Low Income Housing Tax Credit (LIHTC) program. TCAP will provide gap financing for the construction or rehabilitation of affordable housi

Recipients Connected to Award

Recipient Role Amount
CLARA COX II, LLC Sub-recipient $8,496,834.00
CAMPBELL TERRACE PHASE I ASSOCIATES LIMITED PARTNERSHIP Sub-recipient $8,004,973.00
WESTMORE APARTMENTS, LLC Sub-recipient $5,959,309.00
Wexford Pointe Apartments LLC Sub-recipient $5,950,726.00
ORCHARD CREEK Sub-recipient $5,742,684.00
SHELBY MMR LIMITED PARTNERSHIP Sub-recipient $4,667,891.00
MEADOWCREEK COMMONS, LLC Sub-recipient $4,057,381.00
POWELL SPRING HOUSING ASSOCIATES, LLC Sub-recipient $3,892,576.00
PINE MOUNTAIN TRACE LIMITED PARTNERSHIP Sub-recipient $2,797,613.00
SCOTTISH GLEN II Sub-recipient $2,582,700.00
NORTH CAROLINA HOUSING FINANCE AGENCY Primary recipient $0.00