New Market Investors LLC
Clear Horizon Apartments
Clear Horizons Apartments is an 84-unit garden style apartment property located
at 4305 Illinois Ave. in Shreveport. The acquisition and renovation of
the property was financed in 1993 through a tax-exempt bond issued by the City
of Shreveport and the sale of tax credits to an affiliate of Related Capital. 100%
of the apartments are reserved under the tax credit program and the 15-year compliance
period ends in 2009. 100% of the apartments are covered by a project based
Section 8 rental assistance contract which expires in 2008.
This property was sold in 2011.