Low-Income Housing Tax Credit Real Estate Appraisals, LIHTC Appraisal
Created by the Federal Government in 1986, the Low-Income Housing Tax Credit (LIHTC) program gives investors a dollar-for-dollar reduction in their federal tax liability in exchange for providing financing to develop affordable rental housing.
Since 1994, Walter Duke + Partners has completed over 2,000 rock-solid LIHTC appraisals that are able to withstand regulatory scrutiny.
Our forward-thinking expertise extends to public housing, Hope VI, HUD Section 8 Rent Comparability Studies, and Cost Segregation.
Florida LIHTC Program or Low-Income Housing Tax Credit Program
The LIHTC program works through a subsidy mechanism. The Internal Revenue Service allocates funds on a per capita basis ($2.00) to each state.
In Florida, the Florida Housing Finance Corporation oversees Section 42 housing.
LIHTC Investments
While the LIHTC program can offer investors and developers great opportunities, due to its complexity, partnering with experts in this area is crucial.
With decades of experience and a major provider of multi-family affordable housing market study products, Walter Duke + Partners provides our clients with key underwriting assistance and critical research, which helps ensure the right properties are brought to market.