Low Income Housing Tax Credits

Low-income Housing Tax Credits offer a unique opportunity for owners and developers to gain financial rewards and, at the same time, preserve, rehabilitate, and build their affordable housing properties. 

Great Lakes Financial Group offers the following services:

• Preparations or review of applications for allocations of 9% tax credit in conformance with each state's qualified allocation plan
• Tax-exempt bond application preparations
• Financial forecasts and projections
• Develop transaction structure to meet 50% test for tax-exempt bond financed tax credit deals
• Establishment of price and timing of equity contributions and analyzing reasonableness of fee arrangements

For further inquiries, please contact Jeff Ross at 216.861.1300 x203