Current Projects

The Eagle Cotton Mill was constructed in 1884 in the historic town of Madison, Indiana along the Ohio River. The building was vacated in the mid-1980s by its previous occupants and has remained uninhabited since then. Swell formed a development team to rehabilitate the property into an 85 unit Fairfield Suites by Marriott hotel that is slated to open in 2022. The developers are using Indiana state DINO tax credits, federal historic tax credits, and a grant from the city of Madison, all integral in making this project feasible.

Eagle Cotton Mill

       Madison, Indiana




Spruce Cape Homes is a 30 unit project set to be completed in the fall of 2019. Spruce Cape Homes 2 is a 20 unit project next door and will be completed in the fall of 2020. Both projects are LIHTC. Units are currently available for rent

Spruce Cape Homes

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Sandia Manor is a 26 unit USDA 515 development in Fernley, Nevada that Swell rehabilitated using low-income tax credits.

Sandia Manor Apartments 

       Fernley, Nevada

East End Cottages is a 24 unit low-income housing tax credit project that is being constructed near Homer, Alaska, four hours south of Anchorage. 

East End Cottages

       Kachemak City
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