Low-Income Housing Tax Credits (LIHTC) make affordable housing developments not only possible, but financially viable. Since the introduction of the Low-Income Housing Tax Credit (Section 42) in 1986, SVA has helped real estate developers, nonprofit organizations and community housing agencies obtain these credits. In fact, most of the federal low-income housing tax credits awarded in Wisconsin have been to SVA clients.
Investors who make qualified equity investments in low-income communities can qualify for federal New Markets Tax Credits (NMTC). SVA professionals work directly with both developers and Community Development Entities (CDE), which invest in low-income communities, to structure their transactions using the NMTC program.
With a large base of developers, we are able to provide your CDE with potential real estate projects in order to complete your Qualified Low-income Community Investment (QLICI).
Looking to give a historic building a second life? Historic rehabilitation preserves the architectural vision and cultural heritage of previous generations and provides distinctive spaces to live and work. Bring us your plans and we will help you structure financing and tax credits to make historic rehabilitation both feasible and profitable.
Our real estate professionals understand the technical requirements of the Certified Historic Structure (CHS) Credit program and monitor changes to the tax code, with particular attention to changes affecting:
- 24-month and 60-month rehabilitation window
- Substantial rehab requirements
- Impact on low-income housing tax credits (LIHTC) eligible basis
- Pass through election in master lease structure
- State historic credits
Energy Tax Credits and Deductions
Certain properties that utilize solar or geothermal sources to generate electricity, heating/cooling or hot water may qualify for federal energy tax credits. SVA professionals can help you take advantage of these ever-changing subsidies to help finance your project.