Items tagged: Illinois Housing Development Authority

Low-Income Housing Tax Credits Awarded to Bristol Place Redevelopment

The City of Champaign is pleased to announce that earlier today the Illinois Housing Development Authority awarded Oak Grove Development Corporation (an affiliate of the Housing Authority of Champaign County), in partnership with the City of Champaign and AHDVS, LLC, low-income housing tax credits for the Bristol Place redevelopment project.  The tax credits were awarded […]


Bristol Place Master Developer Submits Pre-application for Redevelopment

On behalf of the Bristol Place redevelopment partners, AHDVS, LLC, submitted to the Illinois Housing Development Authority (IHDA) a pre-application for the 9% low income housing tax credits (LIHTC). LIHTC provides the majority of funding for affordable housing rental developments across the nation and the 9% tax credits are highly competitive. IHDA will review the […]