Built in the 1960’s and in need of repairs and professional management, Hubbard has increased occupancy from 40% to 85% in less than 1 year.
A 119 unit occupied multifamily project located in Evansville, IN.
33 HAP units which were combined with the Section 42 program. Rental Housing Tax Credits were awarded to the project in the amount of $511,880.
Construction completed in December 2007.
Lease-up was completed in February 2008.
Total project costs were approximately $7,800,000.
8609’s were issued January 2009.
A 144 unit occupied multifamily project located in Evansville, IN.
Rental Housing Tax Credits in the amount of 766,944 were reserved in 2009.
Total development costs were approximately $12,250,000. Construction was completed in 2011, with Lease-up completed in 2012.