Hunt Capital Partners (HCP) announced the closing of $12.9 million in Federal LIHTC equity financing for the new construction of The Heights at MacArthur in Irving, TX. Following construction completion in 2024, The Heights at MacArthur will offer 13 one-bedroom, 42 two-bedroom and 21 three-bedroom units, set aside for family households earning up to 30, 50 and 60 percent of the area median income. Additionally, four units will be set aside for persons with special housing needs, and two will be set aside for persons experiencing homelessness, as referred through the Continuum of Care; supportive services will be provided to further empower tenants with the resources necessary to enhance their overall standard of living.
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