January 3, 2024
In a recent interview with Novogradac, Advantage Capital Managing Director, Cindy Colvin discusses how Low Income Housing Tax Credits (LIHTC) have evolved to become an essential part of the capital stack in 2024.
“I genuinely believe every human has the right to basic, safe, sustainable housing,” Colvin said. “That’s a big reason why I joined the Advantage team. Rising interest rates and inflation have hit lower-income families the hardest. Then those units are delayed, causing more capital stack issues. These state tax credit programs can get these developments going and start breaking ground.”
Read the full article here.
