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Apex Trader Funding - News

Monarch Private Capital Expands State LIHTC Investment Into Kansas

ATLANTA, June 25, 2024 (GLOBE NEWSWIRE) -- Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to announce the financial closing of its first Kansas Low-Income Housing Tax Credit (LIHTC) project, Canyon Creek Apartments. This monumental project marks a significant milestone in affordable housing for the state, offering more than 200 units in five multi-story buildings located within the 112-acre Cedar Canyon West mixed commercial and residential development on the Lenexa's far western side. The new construction of the Canyon Creek Apartments is designed to provide residents with modern, high-quality living spaces with a range of exceptional amenities. The approved plans include a game plaza, dog park, fitness area, exercise room, pavilions, hammocks, clubhouse and a nature trail, ensuring a vibrant and engaging community for ...