Roy Faerber News Today

NEW ORLEANS, LA - Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, announced that it has acquired Tivoli Place and will carry out an extensive rehabilitation of the property. This a milestone transaction for the company, as it is LACs first rehabilitation using Historic Tax Credits and its first within the state of Louisiana. As a part of the renovation, LAC will invest more than $35 million to upgrade the century-old building, preserving its...

/PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, today announced that it has acquired Tivoli...