Notice is hereby given that Bearkat Cove, ALPIC is competing for 9% tax credit provided by the Louisiana Housing Finance Agency and proposes to develop Bearkat Cove, a $5,700,000.00 +/- ($700,000.00 debt - $4,979,000.00 equity and $37,000.00 owner contribution) new construction, family rental subdivision consisting of up to 28 duplex units (9-2 BRs, 15-3 BRs and 4-4 BRs) and 1 office/community facility, located on Maryland Avenue in Ruston, Louisiana. The development will target large family, single parent and handicapped special needs groups. The development will offer support services tailored to the needs of large families, single family, and handicapped special needs. The development will offer a set-a-side for veteran households. The business address for the partnership is 105 Bernice Dr., Monroe, LA 71201.
3td: July 16, 17 & 18, 2012