Category Archives: Low Income Housing Tax Credits

In our first housing development video, Bryan Schuler, vice president for housing development, provides key information for getting started with a new Low Income Housing Tax Credit (LIHTC) project.

Recently, I visited Jeff Ackley of Sokaogon Chippewa Housing Authority (SCHA) on the construction site. Jeff and his team have one successful Low Income Housing Tax Credit (LIHTC) project up and running, and they have two new projects in the works.

I like to count down the number of days in anticipation of big events — birthdays, vacations, holidays — and right now I’m looking forward to the National American Indian Housing Council (NAIHC) Annual Convention and Trade Show in our hometown in June.

Last Wednesday was the last day of work at the San Carlos Housing Authority for Alonzo Lamas, the chief financial officer at the housing authority for 11 years, five months and five days, as Alonzo so meticulously pinpointed. Anyone who knows Alonzo will not be surprised by this attention to detail.

It’s been almost a year since Michelle J., her husband, Harry, and their two children, Jerwin and Amber, moved into their new home on the San Carlos Apache Reservation in San Carlos, Ariz.

The annual United Native American Housing Association (UNAHA) meeting in Denver provided a great opportunity to learn something new about housing in Indian Country. It also provided a great opportunity to learn something new about the people behind successful housing projects.

The White Mountain Apache Housing Authority (WMAHA) recently closed with the equity investor on its sixth Low Income Housing Tax Credit project, WMAHA Homes VI.

This week Rep. Dave Camp (R-Mich.), chairman of the House Ways and Means Committee, published his proposed changes to the tax code. His “Tax Reform Act of 2014” amends much of the code including the section governing the Low Income Housing Tax Credit (LIHTC) program.

(Photo: A home on the Red Cliff Indian Reservation that will be rehabilitated with the Red Cliff Rehab I LIHTC project.)
Closing a Low Income Housing Tax Credit (LIHTC) project with an equity investor takes months of coordination between a dozen or so parties.

Evan Becker stopped by the Travois office this week to catch up with our Chairman David Bland. David and Evan are friends, colleagues and collaborators who first met while working at the Norfolk Redevelopment and Housing Authority in 1976.