Projects
Monarch’s funds are direct investments in communities by creating clean power, jobs and homes while providing predictable returns through the generation of federal and state tax credits. Here is a sample of recent projects and their economic impact.
Strand Apartments
Dec 21, 2022
Washington, DC
The Strand Residences is a newly completed affordable housing community in the Deanwood neighborhood of Washington, D.C., featuring 86 apartments, 18 parking spaces, and 2,550 square feet of first-floor retail. […]
Bridge Creek Pointe
Dec 7, 2022
Spartanburg, South Carolina
Bridge Creek Pointe is located in southwest Spartanburg, South Carolina. This 90-unit, garden-style complex will provide low-income families with a fitness center, business center, playground and other community amenities. The […]
West Carson Apartments
Nov 22, 2022
Torrance, California
West Carson Apartments provides 228 units for rent in Los Angeles County, California. This $112 million development, located east of the Harbor-UCLA Medical Center complex on 800 West Carson St., […]
Hillcrest
Sep 15, 2022
East Point, Georgia
Hillcrest is a proposed 166-unit senior housing community in East Point, Georgia, designed as a blend of LIHTC and market-rate apartments. The development will feature 125 one-bedroom and 41 two-bedroom […]
Paxton Apartments
Aug 20, 2022
Washington D.C., Virginia
Located in Washington, DC’s Ward 7 district, the Paxton Apartments is a $101 million development consisting of 148 affordable apartment units and is predicted to be completed by 2025. This […]
Abbott Arms
Jun 1, 2022
Cayce, South Carolina
Abbott Arms is a 100-unit multifamily community in Cayce, South Carolina, offering 20 one-bedroom, 60 two-bedroom, and 20 three-bedroom apartments. Following planned renovations, all units will be LIHTC-restricted for families […]
Cross Creek Apartments
Jun 1, 2022
Central, South Carolina
Cross Creek Apartments is a 168-unit affordable housing community in Central, South Carolina. The development will feature seven three-story garden-style buildings with a mix of 24 one-bedroom, 84 two-bedroom, and […]
The Paramount
Mar 22, 2022
Atlanta, Georgia
The Paramount is an affordable family housing development in Atlanta, Georgia, located at 2841 Greenbriar Parkway SW in Fulton County. The community will feature eight three-story garden-style residential buildings and […]
The Grove
Mar 14, 2022
Stevens Point, Wisconsin
The Grove, located in Stevens Point, Wisconsin, was originally constructed in stages in 1901, 1915, and 1964 as a convent building. Now repurposed, it serves as a residential development. The […]