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Low income housing tax credits (LIHTCs) are used to provide equity to help fund the purchase, construction, preservation or rehabilitation of low-income housing projects. The program is often implemented in coordination with HUD/FHA/USDA enhancement programs and/or tax-exempt bond financings to complete a financing package. Both for-profit and nonprofit facilities are eligible for LIHTCs and must meet certain operating criteria.
Lancaster Pollard has extensive experience structuring financing transactions that include both 4% LIHTCs and 9% LIHTCs. We understand the complexities and timing of LIHTC transactions and our platform of funding options enables us to determine the best available financing solution in any economic environment.
Click here for more information on low income housing tax credits.
To discuss your project’s needs with your housing banker, click here.
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