InVictus Awarded Funding on Two 9% Tax Credit Developments

InVictus Development has been awarded tax credits on two developments, Parramore Oaks in Orlando, Florida and The Lodges on Lincoln in Selma, Alabama.   Parramore is a 120-unit family development in the Parramore area near downtown Orlando.   The development is expected to start construction in early 2018 with completion in the 2nd quarter of 2019.   There is a second phase, 91 units, planned for this site.

The Lodges on Lincoln is a 56-unit family development in historic Selma, Alabama.   The site is in a beautiful tree-filled meadow on the north side of Selma.   There is also at least one additional phase planned for this site.   Construction is expected to begin before the end of 2017 with completion in the first quarter of 2019.