MetroPlains develops and acquires housing and commercial properties in the Midwest. MetroPlains is experienced in historic rehabilitation, adaptive reuse and economic redevelopment projects. In addition to market rate properties, MetroPlains utilizes various financing sources to provide housing that is affordable to people with low and moderate incomes. Each partnership generating housing tax credits (LIHTC) or historic tax credits has equaled or exceeded commitments to our investing partners. Approximately 40% of the properties that MetroPlains or its principals have developed over the past twenty five years involve substantially rehabilitating historic buildings into housing. These buildings had been hotels, schools, hospitals, post offices, fire or police stations, apartments and office buildings. MetroPlains continutes to own and operate most of its rehabilitation developments, and the residential occupancy has averaged better than 95 percent over the last ten years. The remaining MetroPlains developments are split between new construction and acquisitions.