PROJECTS

 

Tangi Village

 

13080 Quick Boulevard

Hammond, LA 70401

 

Number of Units

96

Type

Rehabilitation

Date Started

January 2014

Date Completed

March 2015

Development Cost

$11,350,000

Target Market

Family

 

 

 

 

 

Role

Developer / General Partner

Architect

DNA-Workshop

General Contractor

Great Southern, LLC

Non-Profit Partner

The Banyan Foundation, Inc.

Funding

LIHTC / HOME / HUD / AHP

Financial Partners

Stratford Capital Group, LLC

Central National Bank & Trust Co. of Enid

Merchant Capital

Red Mortgage Capital, LLC

Louisiana Housing Corporation

First NBC Bank

FHLB of Dallas

U.S. Dept of Housing and Urban Development

Tangi Village, located in Hammond, Tangipahoa Parrish, Louisiana, is a family community comprised of 24 buildings, with 96 units. The property was renovated using Low Income Housing Tax Credits, HOME funds and Federal Home Loan Bank (FHLB), Affordable Housing Programs funds (AHP) with HUD financing and was completed in 2015. The property also has a community room with a large covered porch and playground.