Carpenter Place

Carpenter Place

Ypsilanti, Michigan

Project Class: 4% Tax Credits & Bonds
Resident Profile: Elderly Designation
Subsidies: Section 8, 4% LIHTC, PILOT Agreement
Financing: MSHDA Pass-Thru Tax-Exempt Bond Program
Agency: Michigan State Housing Development Authority (MSHDA)
Joint Venture Partners: SunAmerica Affordable Housing Partners, Inc.
Managed by: Preservation Management
Units: 151

Carpenter Place was developed in 2004 by The Wishcamper Group LLC, an affiliate of The Wishcamper Companies, Inc. Lyndel J. Wishcamper is a member of the General Partner. The property was purchased from a private group of investors.