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.
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 […]
Adams & Oak
Nov 30, 2022
Peoria, Illinois
Adams & Oak, located in Peoria, Illinois, was originally built in 1914, with the adjoining Mitchell Fabrics Building added in 1936. Over the years, the building has been an integral […]
Springfield Apartments
Nov 29, 2022
Darlington, South Carolina
Springfield Apartments is an existing 72-unit family community in Darlington, South Carolina, undergoing renovation to preserve long-term affordability. Built in 1980, the property has operated under the USDA Rural Development […]
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., […]
Alexis Parc Senior
Oct 19, 2022
Marietta, Georgia
Alexis Parc is a mixed-income, age-restricted rental community in Marietta, Georgia, designed for residents ages 55 and older. The development will include 61 affordable units supported by LIHTC financing, reserved […]
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 […]