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.
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 […]
Aston Pointe
Aug 24, 2022
Anderson, South Carolina
Aston Pointe is a new 90-unit affordable housing community serving households earning 20%, 40%, and 60% of the Area Median Income. Nine one-bedroom apartments at the 20% AMI level will […]
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 […]
Townes at Clarkston Centre
Jul 28, 2022
Clarkston, Georgia
Townes at Clarkston Centre is a planned 54-unit mixed-use, mixed-income workforce housing community in the heart of Clarkston, Georgia. The development will feature 18 one-bedroom, 24 two-bedroom, and 12 three-bedroom […]
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 […]
Juanita H. Gardner Village
Jun 1, 2022
Atlanta, Georgia
Juanita H. Gardner Village is a proposed 108-unit senior housing community in Atlanta, Georgia, located at 350 Bakers Ferry Road SW. Designed for residents ages 55 and older, the LIHTC-funded […]
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 […]
Village at Solid Rock
Apr 21, 2022
Colorado Springs, Colorado
Village at Solid Rock is a 77-unit affordable housing community in Colorado Springs, Colorado, located at 2520 Arlington Drive in El Paso County. The four-story residential building will feature a […]
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 […]