131 Unit LIHTC Qualified Contract Opportunity (Deadline: 1/31/2023)

Website Arizona Department of Housing

The Arizona Department of Housing is providing notice that the following LIHTC property is seeking a Qualified Contract for acquisition from a buyer(s) who will continue to operate the property as affordable through the extended use period in accordance with the Land Use Restriction Agreement and Section 42 of the Internal Revenue Code.

Villas by Mary T. of Casa Grande, a 131-unit multi-family property developed in 2000 that is located in Casa Grande, AZ.

Information about this and all properties seeking a Qualified Contract can be found here. Inquiries about any of the Active Arizona Qualified Contract Requests may be made by submitting a Letter of Interest via the ADOH Portal. The Letter of Interest must contain the following information:

  1. Developer Name
  2. Location of Headquarters
  3. List of LIHTC projects owned or developed by state
  4. Ability to enter into a purchase contract on or before January 31, 2023.

Questions or comments regarding this Information Bulletin may be addressed in writing to Ruby Dhillon-Williams, Assistant Deputy Director/Housing & Community Development at ruby.dhillon@azhousing.gov.

To apply for this job please visit housing.az.gov.