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Esau Jenkins Village in the News
“The tax credits fetch higher or lower prices depending on current tax laws, expectations about inflation and other factors. So the government gives up a dollar of tax that would otherwise be owed, and low-income housing developers get less than a dollar in return.”
“For Esau Jenkins Village, federal income tax credits were sold for 86 cents on the dollar, and South Carolina tax credits for 50 cents, said Ray Nix of Maryland-based Nix Development Co., a developer of those apartments.”