HRS Consultant: Magnolia Ridge Application Appears Strong
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HRS Consultant: Magnolia Ridge Application Appears Strong
Highlands Residential Services faces competition from eight other housing authorities for tax credits on the Magnolia Ridge project. Consultant Alvin Nance told the Highlands Board of Directors Thursday a total of 49 applications submitted. Nance said he believes the board’s application is strong. “So the category that we are in is a RAD (Rental Assistance Demonstration), new construction, and a CCRP,” Nance said. “We are in a CCRP (Concerted Co…
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