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Impactful Investment Strategies

At Heritage Affordable Communities, our affordable housing investment strategy encompasses Preservation, Development, and LIHTC GP Interest. We protect existing affordable housing, create new sustainable options, and leverage Low-Income Housing Tax Credits for impactful investments.

Preservation

Extending Affordability on Existing Affordable Properties

Acquiring existing affordable housing properties, such as Year 15 LIHTC developments, that are at risk of falling out of affordability. We pride ourselves on negotiating with housing agencies and obtaining long-term real estate tax abatements in return for extending the existing regulatory agreements that govern rent levels, tenant designations, and project reserves.

DEVELOPMENT

Ground-up Development & Acquisition / Rehabilitation

Responding to market demand for new affordable communities across the country. We partner with syndicators to finance ground-up and rehabilitation projects to ensure the financial viability of the new construction. The syndicators provide tax-credit equity, as part of their CRA requirements.

LIHTC GP INTEREST

Purchase of GP Interests in Tax Credit Partnerships during Compliance Period

Leveraging the high barrier to entry of General Partner Interest acquisitions by honing the art of navigating approvals, guarantees takeovers, Limited Partner capital accounts, Limited Partnership Agreements, Limited Partner exit language, and tax credit compliance.

Preservation

Extending Affordability on Existing Affordable Properties

Acquiring existing affordable housing properties, such as Year 15 LIHTC developments, that are at risk of falling out of affordability. We pride ourselves on negotiating with housing agencies and obtaining long-term real estate tax abatements in return for extending the existing regulatory agreements that govern rent levels, tenant designations, and project reserves.

DEVELOPMENT

Ground-up Development & Acquisition / Rehabilitation

Responding to market demand for new affordable communities across the country. We partner with syndicators to finance ground-up and rehabilitation projects to ensure the financial viability of the new construction. The syndicators provide tax-credit equity, as part of their CRA requirements.

LIHTC GP Interest

Purchase of GP Interests in Tax Credit Partnerships during Compliance Period

Leveraging the high barrier to entry of General Partner Interest acquisitions by honing the art of navigating approvals, guarantees takeovers, Limited Partner capital accounts, Limited Partnership Agreements, Limited Partner exit language, and tax credit compliance.