Hunt Capital Partners and Intervest Corporation Celebrate the Grand Opening of 33-Unit Carnation Village in Tupelo, Mississippi [Yahoo! Finance]
Cadence Bank (CADE)
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Source: Yahoo! Finance
the grand opening for Carnation Village on Thursday, December 5 th . Located at 514 Carnation St., Carnation Village is a non-smoking community offering 27 one- and 6 two-bedroom apartment homes for low-income seniors. The development transforms the historic Carnation Milk Plant into affordable housing for senior households who earn between 30%-60% of the Area Median Income (AMI). To mark the special occasion, key speeches were provided in the clubhouse by Tupelo City Mayor Todd Jordan, Intervest Founder and President Steve Nail, Tupelo Historic Preservation Committee Member Doyce Dees, Cadence Bank Senior Vice President Will Shurtleff, HCP Managing Director William Teschke, and Mississippi Home Corporation Vice President of Tax Credits Brandon Morey in the community clubhouse. The event consisted of a ribbon cutting ceremony at the development's iconic smokestack followed by property tours. "Carnation Village fills a critical need for affordable housing in the City of Tupelo. The
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