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Details - Information last confirmed on April 28, 2021
The company is a general contracting firm who specializes in the LIHTC industry. The low-income housing tax credit (LIHTC) program, created in 1986 and made permanent in 1993, is an indirect federal subsidy used to finance the construction and rehabilitation of low-income affordable rental housing. The company is experienced in a wide range of public and private construction projects, from single and multi-family housing in planned communities, to multi-story hotels, subdivisions, and retail office complexes.
•Thirty plus years experience in a niche market not affected by the economy.
•Tax Credit margins are large for the construction industry.
•Tax benefits for corporate investors.
•They have to decline business opportunities and would fit into any portfolio.
•Federal government spends $9 billion annually on LIHTC
•Most LIHTC's are used on corporate income tax returns as a tax break to offset taxable income.
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