vanpatten

vanpatten

  • 18202 Tall Cypress Dr
  • Spring, Texas
  • 77388-4989

Description

Van Patten & Company is pleased to announce that on April 14, 2010 the first 2009 9% tax credit deal in Arkansas was closed. The deal received a 2009 allocation of 9% tax credits, exchange funds, and TCAP funds and also had a 40 year construction / permanent FHA 221(d)4 loan (the loan was non-recourse). We are also pleased to announce that out of 45 applications submitted during the 2009 Arkansas Development Finance Authority tax credit cycle, this project received the highest score and ranking. Van Patten & Company was involved in this project from the beginning and we look forward to the successful remodel and new place in service of this apartment community. We thank our client for the opportunity to assist in the successful completion of this financing.

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