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Partial Allocation of Tax Credits Awarded in Newport, MN

MWF Properties was recently awarded a partial allocation of tax credits in Newport, MN.

Red Rock Square will have 44 two and three bedroom units and will be located at 150 Red Rock Crossing, Newport, MN.

Red Rock Square will provide multifamily housing to the Red Rock Corridor development plan in the area.

It is anticipated that remaining credits will be awarded in 2016, with construction estimated to begin in Spring of 2017.