Mercantile Community Partners Surpasses 500 Affordable Housing Units Financed in Michigan
Mercantile Community Partners (MCP), a subsidiary of Mercantile Bank Corporation, has surpassed financing for 500 affordable housing units across Michigan through Low-Income Housing Tax Credit equity investments since its founding in 2023. The milestone was achieved with the investment in Flats on Bridge, a new development in Elk Rapids that includes 24 affordable housing units and $6.6 million from MCP.
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