The LIHTC program, established in 1986, plays a pivotal role in subsidizing affordable housing projects. This initiative incentivizes private developers and investors to provide below-market rents for low-income households. With over 2 million units constructed and renovated under this program, it has become a cornerstone in fostering accessible and quality housing.
Whether it’s single-family homes, multifamily units, duplexes, or apartment buildings, the LIHTC program opens avenues for diverse housing projects. However, navigating the intricacies of income and rent tests, ensuring compliance with AMI thresholds, adds a layer of complexity. Precision Reconstruction Group, with its extensive experience, understands the complexities of LIHTC projects, guiding you through every stage with clarity and expertise.
Within the Affordable Housing sector, LIHTC projects demand a nuanced approach due to their inherent complexity involving multiple stakeholders. At PRG, we bring disciplined processes and transparency to every aspect of your project. With a track record of success in LIHTC projects and a bonding capacity that underscores our commitment, PRG stands as the ideal partner. Trust us to navigate the intricacies of your project, ensuring excellence, efficiency, and success. Contact us at today to begin discussions on your Affordable Housing project.
