Phoenix Realty Tax Credit Fund II
Investment Strategy
Phoenix Realty Tax Credit Fund II is a tax-credit fund formed to own limited partnership interests in three operating partnerships, each of which will own a single multifamily property eligible for federal tax credits under Section 42 of the Internal Revenue Code.
Properties
The three operating partnerships focus on multifamily rental housing to be occupied
solely by income eligible and certified low-income individuals and families
in Los Angeles, California.
Status of Properties
The fund is currently projected to provide a yield to investors 1.30% greater than projected.
