Pedcor Investments, A Limited Liability Company (Pedcor) was founded in 1987 when its original principals, Gerald K. Pedigo and Bruce A. Cordingley, developed and constructed the first IRC Section 42 Low Income Housing Tax Credit (LIHTC) rental housing project in the State of Indiana. Today, Pedcor is the largest developer of affordable rental housing in Indiana’s multifamily housing tax credit program, and according to Affordable Housing Finance Magazine Pedcor consistently remains one of the Top 10 developers and owners/managers of LIHTC units in the country. Pedcor has established a reputation as an innovative development company with a solid history of identifying active rental housing markets. Our ability to construct and manage conventional and affordable apartment developments in compliance with IRC Section 42 (9% LIHTC transactions) and IRC Section 142 (4% LIHTC tax-exempt bond transactions) is demonstrated through our residential portfolio.

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