Monarch Private Capital Sponsors New Home for Deserving Family in Charlotte, NC
Monarch Private Capital (MPC) is proud to have the opportunity to underwrite the construction of a new home for a deserving family in partnership with Habitat for Humanity Charlotte. The home will be located in west Charlotte’s Reid Park community and construction is scheduled to begin on February 9. The home is expected to be completed in April.
As a Habitat Charlotte sponsor at the Master Builder level, MPC is donating over $75,000 to ensure that another Charlotte family will realize the strength, stability, and self-reliance associated with homeownership. “In a very tangible way, our friends at MPC are providing a solid opportunity for a low-income family to escape the cycle of generational poverty. Homeownership can do that,” said Habitat Charlotte President and CEO Laura Belcher.
“It’s very exciting to be a part of such a worthwhile project. Habitat works to not only create homes but advocates for affordable housing, which is an industry our company is truly passionate about,” says George Strobel, MPC’s Co-CEO and Managing Director of Tax Credit Investments. “Monarch is honored to continue our tradition of community-minded service and play a role in providing a safe, secure home for generations to come.”
Related Posts
Monarch Private Capital Finances Affordable Family Housing in South Carolina
Aug 10, 2023
Monarch Private Capital is pleased to announce the financial closing of low-income housing tax credit (LIHTC) equity for the $6 million rehabilitation of two affordable housing developments called Pembrook Apartments and West End Manor.
Monarch Private Capital Closes on Tax Equity Financing for Affordable Housing and Historic Rehabilitation of 1904 Farnam in Omaha, Nebraska
Sep 26, 2024
$25 Million Project to Deliver Affordable Housing and Restore Historic Landmark in Downtown Omaha by 2025 ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm […]
Monarch Private Capital Finances First State LIHTC in Indiana
Jul 18, 2024
$29 Million Multifamily Community Coming to Muncie as a Result of Recent Legislation ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, […]