In 1990, Fred G. Mills and Stuart H. LeGrand formed the United Equities Companies to pursue the development of affordable housing by utilizing the acquisition and sale of Low Income Housing Tax Credits (LIHTC). Each year since 1990, United Equities has served as a General Partner in developing projects that were successful in procuring tax credits and subsequently selling those credits as a means for providing equity to finance affordable housing projects. United Equities has developed thousands of multifamily units throughout North Carolina. All development staff members attend workshops and seminars regularly, in order to keep up with changes in the ever-evolving housing market.
United Property Management
United Property Management was created by Fred Mills and Stuart LeGrand in 1999 with the knowledge and understanding that owning LIHTC housing requires a personal interest and dedication to effectively manage and maintain tax credit properties. United Property Management provides extensive knowledge of and experience with tax credit program requirements, and now successfully manages rental communities across the state of North Carolina. The Director of Property Management and the Compliance Department, as well as all on-site managers regularly attend tax credit compliance workshops sponsored by the North Carolina Housing Finance Agency and other appropriate entities.