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MPEG serves as a source of
equity capital for developers of
Low Income Housing Tax Credit (LIHTC)
projects in a multi-state
area. By purchasing
tax credits, MPEG acts as an
equity partner with
developers to help support
and finance affordable
housing.
Known in the industry as a
syndicator, MPEG pursues its
objectives through an
“equity fund." Institutional
and corporate investors
contribute to the fund,
serving as the source of
this private investment
capital. MPEG, in turn,
makes this equity capital
available to developers in
the LIHTC industry.
Given the demographics and
the rural nature of its
service area, MPEG
is sensitive to the need and
demand for smaller housing
projects in a number of
communities. Therefore, in
addition to large projects,
MPEG is receptive to
investing in small and
mid-size housing projects.
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