Finance Articles

Aslan Recognized in Affordable Housing Finance’s “Top 50”

Louisville, KY (PRWEB) May 31, 2007 -- Aslan, one of the fastest growing real estate development and holding companies in the southeastern United States, was recently recognized in Affordable Housing Finance Magazine’s list of the top 50 affordable housing owners and developers. Aslan’s Hallmark division was ranked in the top 30 in the delivery of affordable housing communities and in the top 50 in ownership of affordable housing communities nationally.

Aslan Hallmark has grown to this level over the past five years under the direction of Greg Evans, CEO of Aslan, and Paul Widman, President of the Hallmark division. By focusing in the Southeastern and Midwestern United States, the company forecasts that at its current growth rate, it will become one of the top 10 producers of affordable housing within the next 18 months.    

Aslan Hallmark develops and owns affordable housing utilizing project enhancements such as the Federal Affordable Housing Tax Credit Program, historic tax credits, tax exempt bonds, and HUD programs. Through its unique knowledge and years of experience with state housing authorities, Aslan’s Hallmark Division has more than $100,000,000 of affordable housing projects under development in the southern US.

About Aslan
A commitment to creating communities of quality and distinction has made Aslan one of the leading real estate developers and holding companies in the southeastern United States. Aslan specializes in the development of master planned residential communities, market-rate multifamily rental properties, value-priced multifamily rental properties, premier residential properties and mixed-use properties.

From world-class Miami to the low country charm of South Carolina, Aslan has projects totaling more than $2 billion currently in development or under construction in Florida, Alabama, South Carolina, North Carolina, Tennessee, Indiana and Kentucky. Aslan is a privately held company with offices in Louisville, Kentucky and Jacksonville, Florida. Visit www.experienceaslan.com to learn more.

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