Highlands Residential Misses Tax Credits For 2nd Year
Highlands Residential’s Magnolia Ridge Project missed out on federal tax credits for the second straight year. Johnson City received the credits. Highland Residential Services viewed the Tri Cities as a potential competitor several months ago. Executive Director Chris Cassetty labeled the results for the past two years unlucky. “We’ve just fallen a little short,” Cassetty […]
HRS Consultant: Magnolia Ridge Application Appears Strong
Highlands Residential Services faces competition from eight other housing authorities for tax credits on the Magnolia Ridge project. Consultant Alvin Nance told the Highlands Board of Directors Thursday a total of 49 applications submitted. Nance said he believes the board’s application is strong. “So the category that we are in is a RAD (Rental Assistance […]
