Partnering on Tax Credit Transactions: A Way to Keep the Deal Pipeline Full

By Caitlin Jones
August 24, 2011 1 min read

Partnering on Tax Credit Transactions: A Way to Keep the Deal Pipeline Full

By Caitlin Jones
August 24, 2011 0 min read

Tax Credit Advisor, August 2011: Partnering with another sponsor to develop an affordable rental housing project can be advantageous to a for-profit or nonprofit developer. So, too, can joint venture arrangements by for-profit developers with public housing authorities.

For Marlton, N.J.-based Michaels Development Company, which develops HOPE VI and low-income housing tax credit projects, partnering is the norm. According to President Bob Greer, Michaels partners with housing authorities on HOPE VI and “mixed-finance” projects, and with local nonprofit organizations on “stand alone” LIHTC projects.

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?”

Rainbow Housing: Transforming Resident Services from Within

Abram Mamet • September 1, 2024 9 min read

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.