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Merchants Capital Provides $17.4 Million in | MultifamilyBiz.com - Vimarsana News

Merchants Capital Provides $17.4 Million in | MultifamilyBiz.com

CARMEL, IN - Leading financial services provider Merchants Capital today announced it has secured $17.4 million in Low-Income Housing Tax Credit (LIHTC) equity financing for the new construction of Reserve on Park Place, an affordable senior property in Fort Wayne, Indiana. The property will bring 187 age- and income-restricted units to a high-demand area for affordable housing.