Untitled Document

GRHP	RHDFC	MULTI-FAMILY HOUSING	TAX CREDIT FUND	SPECIAL PROJECTS	COMPANY INFO.

Greater Rochester Housing Tax Credit Fund III, LLC was capitalized in 2004 in the amount of $3,000,000. Its corporate investors are: Charter One Bank, HSBC Bank, First Niagara Bank, Key Bank, M&T Bank, and Paychex. The fund managers are Greater Rochester Housing Partnership, Conifer Realty, and Essex Realty Management. The Fund is fully Invested.

Monica Place is a renovated school next to St Monica Church on Genesee Street in Rochester . The fully renovated property will provide apartments and support services to women and children making the transition to independent living. The co-developers are PathStone and Sojourner House. The contractor is Nathaniel Development and the architect is Passero Associates. Greater Rochester Housing Partnership is providing a construction loan and the Partnership's Tax Credit Fund III is the limited partner. Additional financing is provided by the City of Rochester , the Federal Home Loan Bank of New York and New York State .

Located on St. Paul Street in Rochester, this 1920's building contains 22 apartments suitable for small households. The apartments were renovated in 2005. The joint developers are Sermar Management and community-based non-profit Group 14621. Tax Credit Fund III is the Limited Partner in this development that utilized a variety of public & private sources of financing.