LIHTC Housing – How does it Work?

LIHTC Housing – How does it Work?

The Paddocks in Culver is an example of a LIHTC project LIHTC, often pronounced Lie-Tech, is the acronym for Low Income Housing Tax Credits. They are one of the few tools available to Developers and the States to create affordable rental housing. We’ve...
More Certifications

More Certifications

The Riverside Commons LIHTC application was turned in Friday. Now we have four months of waiting to see if our application was successful. The announcement will be made at the IHCDA January Board meeting. The Tax Credit Specialist designation (see course description...

ERA Received from Plymouth Common Council

Riverside Commons was in front of the Plymouth Common Council last Monday to request the property be designated as an Economic Revitalization Area (ERA). This is the first step in obtaining a Tax Abatement for the project. The excerpt to the right is from the article...