The recently passed 1.29 trillion federal budget provides increased funding for affordable housing and HUD. Here are five ways the budget helps LIHTC transactions: 1. Tax Credit Value: The value of tax credits fell when the corporate tax rate was reduced to 21 percent. The bill increases LIHTC allocations by 12.5 percent which will increase the …
Five Ways the Latest Budget Bill Helps LIHTC Projects Read More »
When a community is affected by a natural disaster they require resources to rebuild. LIHTC properties help communities affected by disaster in many ways: 1. Emergency Relief: Current or upcoming vacancies in LIHTC properties can be used in certain conditions to house displaced households affected by natural disaster. Property owners can work with their legal …
Five Ways LIHTC Helps Communities Affected by Natural Disasters Read More »
1. Lack of Debt Service Constraints: Most RAD transactions have fixed debt service constraints based on existing capital and operating fund income. LIHTC allows additional funding for repairs. 2. Development Fee: Many transactions allow for a development fee which can be used for a variety of uses. 3. Build Additional Units: LIHTC can fund the construction of additional …
Five Reasons To Consider LIHTC For RAD Transactions Read More »
