MarketPR
Mercantile Community Partners, a subsidiary of Mercantile Bank Corporation (MBWM), has surpassed 500 affordable housing units financed across Michigan through Low-Income Housing Tax Credit equity investments.
The milestone print marks a cumulative threshold for the MCP unit, which backs affordable housing development in the state through tax credit equity participation.
The 500-unit print Each of the 500 units in MCP's Michigan count reflects LIHTC equity investment activity. Mercantile Community Partners operates as the tax credit equity subsidiary of Mercantile Bank Corporation.
The 500-unit figure aggregates individual transactions rather than representing a single deal. The milestone is specific to Michigan.
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