Low-Income Housing Tax Credits (LIHTCs) have been directly responsible for the construction or rehabilitation of more than 100,000 new affordable rental units annually. This popular federal program, created by the Tax Reform Act of 1986, makes federal tax credits available to owners of affordable rental properties and leverages approximately $13 billion per year in private equity capital and has been the driving force behind much of the new affordable housing being produced today.
LIHTC funds managed by Cinnaire help investors minimize the risk of investing. We provide multiple services including underwriting, investment management, asset management and compliance.
Housing Tax Credit Equity
The program allows for corporate investors to take a ten-year federal tax credit in exchange for an up-front capital contribution toward an equity position in owning new-construction and rehabilitation affordable housing.