Prices Stabilize for Historic Tax Credits, Rise for New Markets Credits

By Caitlin Jones
September 27, 2011 1 min read

Prices Stabilize for Historic Tax Credits, Rise for New Markets Credits

By Caitlin Jones
September 27, 2011 0 min read

Tax Credit Advisor, September 2011: Pricing seems to have stabilized above one dollar per dollar of tax credit for federal historic rehabilitation tax credits, and has risen for federal new markets tax credits, according to industry sources.

“What we’re having to offer to be successful is a dollar to a $1.08 range for historic-only transactions,” says John Leith-Tetrault, president of the National Trust Community Investment Corporation (NTCIC), an arm of the National Trust for Historic Preservation that syndicates both historic and new markets tax credits. He noted an offer in the range of $1.05 is required to land an historic credit-only deal of reasonable size — more than $2 million in historic tax credits. Read More…

NH&RA Presenting Sponsor

Leveraging NMTC and GGRF

A Synergistic Approach to Community Development

Jennifer Kirkley & Regan St. Pierre • September 13, 2024 6 min read

Increasingly, climate solutions are central to preserving and creating wealth and well-being in communities across the country.

What Can Be Done About Insurance?

NH&RA Panelists Explore Ways to Rein in High Insurance Costs for Affordable Housing

Pamela Martineau • September 1, 2024 6 min read

Meet with your underwriter in person, provide as much data as possible on relevant inspections and offer photos of improvements you’ve made to affordable housing properties. These were just a few of the tips offered at the National Housing & Rehabilitation Association’s Summer Institute Panel: “What Can Be Done About Insurance?”

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For most organizations, radical shifts in market strategy and company makeup generally come after crises. For Rainbow Housing Assistance Corporation (Rainbow), that radical shift came not as a result of significant challenges, but as a way to leverage successful internal practices to better serve the affordable housing industry.