After a four-year process that survived setbacks of the pandemic, rising construction costs and rising interest rates, Hunt Capital Partners, in collaboration with Intervest Corporation (Intervest), announced the closing of $13.3 million in Federal LIHTC and Federal Historic Tax Credit equity financing, as well as $2.5 million in Mississippi HTC equity financing for Carnation Village. Located in Tupelo, MS, Carnation Village will be the historic adaptive reuse of the Carnation Milk Plant into a 33-unit multifamily development for seniors 55 and older. Two units will be market rate while the other 31 will be restricted to seniors earning between 30 and 60 percent of AMI.