CREA Edge Newsletter



Phoenix Manor - IAHC Excellence in Affordable Housing Awards, Senior Phoenix Manor consists of 33 affordable, senior homes in Ft. Wayne, IN. Amenities include: movie theater, library, fitness center with senior-oriented equipment, computer room, game/activity room, indoor walking path, an apple orchard, labyrinth, bocce ball court/horse shoe pit, and on-site manager and maintenance technician. 43 Town Square - Merit at the AIA Akron Design Awards “The historic 1926 First National Bank and Lima Trust building, renamed as 43 Town Square, is located at the corner of West Market Street and North Main Street at 43 Town Square in Lima, Ohio. The 102,000-square-foot building was previously used as a bank, retail space, and offices, and is listed on the National Register of Historic Places. Designed by Weary & Alford of Chillicothe, Illinois, the building is characterized by its Commercial Style elements and features a limestone facade with limestone details typical of the Renaissance Revival.” - Perspectus Architecture Grace Meadows - 2019 Excellence in Rural Housing Award from RD’s Hillsboro Area Office “The award recognized Grace Meadow...for its excellent physical enhancements including restored outdoor benches, beautification to the playground, and new raised garden beds. In addition, the Woda Cooper management team’s efforts to enhance community life, through organized cookouts for residents and a summer lunch program for community/neighborhood children, were applauded.” - Woda Cooper Companies Highland Hall - Seniors Housing Winner of Affordable Housing Finance Readers’ Choice Awards “The adaptive- reuse of the property involved a major rehabilitation, including installing a new roof, restoring portions of the building that couldn’t be saved, and recreating the original facade. The building exterior reflects the history of the site while the interior has been adapted into modern apartments, including several that are fully accessible.” - Affordable Housing Finance

• Engagement letters: Submit by 10/31/19 to your assigned Asset Manager or • 3rd Quarter Reporting: Submit by 10/31/19 to your assigned Asset Manager, OCT 31 REPORTING DEADLINES

DEC 1 DEC 15

• 2020 Budgets: Submit by 12/1/19 to your assigned Asset Manager.

as well as a copy to

• For our Limited Partners: 3rd Quarter Reports will be issued by 12/15/19.


Asset managers will be reaching out to confirm actual tax credit delivery for those properties with first year credit delivery in 2019.

2019 Tax Season Guidelines have been sent out to all of our GP and accountant contacts.

Any properties that are not operational in 2019, get a jump start on tax season and request an audit waiver now!


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