PNC to Provide $65 Million Tuscany Place Tax Credit Equity

$65,045,095

FINANCIAL_SERVICES

Four installments: closing; later of construction completion milestones and November 5, 2028; later of stabilization and October 5, 2029; and later of operating deficit reserve funding and January 5, 2033

2033-01-05

Four scheduled capital contributions with milestone-based funding conditions; final installment date is the later of operating deficit reserve funding and January 5, 2033.

StaffReport