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.
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 […]
West Side Bazaar
Jun 30, 2022
Buffalo, New York
West Side Bazaar, located in Buffalo, New York, was originally built in 1920. Over the years, the building has been an integral part of Buffalo’s brewing and distilling industries, originally […]
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 […]