CHARLOTTE, N.C.--(BUSINESS WIRE)--Atlanta based Monarch Private Capital (MPC), is proud to have the opportunity to underwrite the construction of a new home for a deserving family in partnership with Habitat for Humanity Charlotte. The home will be located in west Charlotte’s Reid Park community and construction is scheduled to begin on February 9. The home is expected to be completed in April.
As a Habitat Charlotte sponsor at the Master Builder level, MPC is donating over $75,000 to ensure that another Charlotte family will realize the strength, stability, and self-reliance associated with homeownership. “In a very tangible way, our friends at MPC are providing a solid opportunity for a low-income family to escape the cycle of generational poverty. Homeownership can do that,” said Habitat Charlotte President and CEO Laura Belcher.
“It’s very exciting to be a part of such a worthwhile project. Habitat works to not only create homes but advocates for affordable housing, which is an industry our company is truly passionate about,” says George Strobel, MPC’s Co-CEO and Managing Director of Tax Credit Investments. “Monarch is honored to continue our tradition of community-minded service and play a role in providing a safe, secure home for generations to come.”
About Monarch Private Capital
Monarch Private Capital (MPC) is an investor and syndicator of state and federal tax credits nationwide. The Monarch Private Capital team is committed to both developer and tax equity investor success. Our focus is to provide innovative capital solutions to the renewable energy, affordable housing, film, and historic rehabilitation industries. Monarch Private Capital is headquartered in Atlanta and has several offices located throughout the U.S. Please visit MonarchPrivate.com to learn more.
About Habitat Charlotte
Seeking to put God’s love into action, Habitat for Humanity of Charlotte brings people together to build strength, stability and self-reliance through shelter. Since 1983, Habitat Charlotte has served more than 1,700 families with affordable housing. Visit www.habitatcharlotte.org or call 704.376.2054 to learn more.