Capital & LIHTC Equity
NAHT provides Investor capital for projects using Low Income Housing Tax Credits (LIHTC).
We work with national and regional banks looking for Community Reinvestment Act credit and other investors looking for strong long-term investments. We provide competitively priced equity to all of our Development Partners, who are focused on quality, affordble housing.
Our Development Partners find that NAHT uses a creative problem solving approach when reviewing projects for equity investments. We are proactive in addressing potential project concerns with the Developer. They note that this problem solving collaboration helps create an efficient equity closing and benefits the property.
NAHT focuses on economically sound affordable properties with mission driven developers. Developers benefit from NAHT’s understanding of nonprofit concerns and our willingness to advocate on behalf of their interests. We have developed several investment Funds using additional capital from Foundations to address the needs of our Development Partners.
NAHT partnered with Cornerstone Real Estate Advisors and The MacArthur Foundation to engineer an investment Fund, specifically for affordable housing communities with rental subsidies. After the financial crisis in 2008, this Fund provided a solution to the lack of investment in these vulnerable communities.
NAHT is working with The Kresge Foundation, The Robert Wood Johnson Foundation, and the Corporation for Supportive Housing to develop an investment fund to document the impact of social service coordination in family projects. This investment fund also explores the use of pay for performance indicators to provide financial support for these projects.
We are committed to finding and structuring high-quality partnerships with LIHTC investment equity.