 |
|
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.
MPEG pursues this mission by
creating and managing private
equity funds. Institutional and
corporate investors are the
source of this investment
capital. MPEG’s equity funds
function as an investment pool
or portfolio, with the capital
being allocated and invested
among various LIHTC projects.
In addition to its role as a tax
credit syndicator, MPEG has also
contracted directly with
projects and/or State agencies
to provide technical expertise
and asset management services in
the development of LIHTC
projects. More specifically, in
response to the economic
downturn in the LIHTC industry,
MPEG embraced the recent passage
of the American Recovery and
Reinvestment Act (ARRA) by
providing asset management
services of projects funded by
the Tax Credit Exchange and Tax
Credit Assistance Programs.
MPEG currently serves as the
Asset Manager of two affordable
housing projects in Alaska and
one in North Dakota.
With specific criteria and
investment policies in place to
guide the process, MPEG’s equity
funds are available to projects
both large and small throughout
a multi-state area that includes
Montana, Wyoming, North Dakota,
South Dakota, Colorado and
Alaska. For more details and
information about specific
projects in the MPEG portfolio,
please click below to select a
state within this region.
Choose a state below to view completed and in-process projects
|