IDG

IDG began in 1991 with Steve Terry and Larry Kocherhans uniting together to form a development company. The initial purpose for this company was to supply affordable housing to western states` markets (particularly those along the I-15 corridor). From 1991 to 2003, IDG has received eleven 9% Low Income Housing Tax Credit (LIHTC) allocations and eight private activity bond allocations totaling nearly $195 million. IDG has developed or acquired 23 affordable apartment communities totaling 2,998 units in eight different metropolitan areas located in Utah and Nevada. In addition to its continuing commitment to develop affordable housing, IDG is also

expanding its current portfolio of investment properties to include market rate/LIHTC combination properties which significantly reduce operating expenses and significantly increase marketing success. IDG has developed of acquired four additional market rate investment communities totaling 535 units and is now specializing in mixed-use combination of multi-family, office and retail - creating vertically integrated live-work environments.

Please refer to the resumes for Stephen B. Terry, Larry D. Kocherhans and G. Lyman Adams by clicking here.

IDG has four owners: Stephen Ben Terry - 53.34%; Larry D. Kocherhans - 27.68%; Grant Lyman Adams - 9.99%; and Robert V. Mayne II - 9.9%.