0005666369 2725 Southern Public Notice Project Owner: Shreveport WT Housing Partners, LLC Project Name: 2725 Southern Avenue Project Address: 2725 Southern Avenue, Shreveport, 71104 Total Units: 60 Units (12 1-BR, 48 2-BR) The project owner is proposing the new construction of the 2725 Southern Avenue development, which is a 60-unit family housing development. The proposed development will consist of 4 multi-family buildings and a community center building. Supportive services will be available for the tenants. 80% of the homes will be available to households earning at or below 80% of Area Median Income, and 20% of the homes will be available to households at any income (unrestricted). The project owner is applying for a competitive 9% Low-Income Housing Tax Credits funds from the Louisiana Housing Corporation. The total estimated development cost is $ 18,030,149. The development will be funded as follows (Amounts are estimated): Permanent Financing $ 3,300,000 LIHTC Equity $ 13,197,360 HACS Soft Funds $ 800,000 Deferred Developer Fee $ 732,789 Total sources of funds $18,030,149 Contact Will Moyers at appsLA@itexgrp.com for any questions regarding this notice. The Times, 4/16,4/17,4/18/2023