Mill Creek

Brookhaven, Mississippi

Mill Creek is a 48-unit, new construction of Low-Income Housing Tax Credit-enabled affordable single family rental homes located in a distressed neighborhood in rural Brookhaven, Mississippi. The development set-aside 16 units for families 50% or below Area Median Income and 100% of the units are affordable to 80% or below Area Median Income families. Culleywood provided a predevelopment loan to the project that paid for initial expenses including the architectural, engineering, legal, land option, application fees and tax credit reservation fees.