$12.9M in expenses

Midwest housing equity group, INC. (MHEG) provides acquisition, advisory and asset management services primarily by acting as the general partner of approximately 50 limited partnerships (the "funds") which invest equity capital in other partnerships or LLCS formed to develop, own and operate affordable housing projects which are eligible for federal tax credits under section 42 of the internal revenue code. In addition to providing equity for these projects, MHEG provides technical and advisory services to the partnerships for a fee.in 2024, MHEG partnered with 40 developers to close over $380 million in equity for 47 developments, creating and preserving 2,141 affordable housing units. This included 28 age restricted developments, 18 multifamily developments, and one special needs housing development. Projects ranged from a 16-unit rural deal in kansas to a 96-unit urban deal in north dakota, representing 38 midwest communities, including our first developments in arizona and wyoming.

$91K in expenses

W-homes, LLC was formed to develop and perform as the co-general partner in partnerships holding affordable housing which are eligible for federal tax credits under section 42 of the internal revenue code. MHEG is the sole member of w-homes. W-homes earns fees from services rendered in connection with the acquisition, development, and construction of affordable housing projects.