Housing Development
We secure the resources you need to build more homes.
Our housing development team specializes in obtaining funding for Tribal nations through the Low Income Housing Tax Credit (LIHTC) program — the primary funding source for affordable housing in the United States.
This vital program allows you to leverage your NAHASDA funding to accomplish more.
In addition, we apply for housing grants to further reduce costs for your Tribal nation.
Every development we support is fully owned and managed by our clients.
Housing development services
- Assess your community’s housing needs and develop a project timeline
- Educate Tribal leaders on the tax credit program
- Submit competitive tax credit applications to secure funding from your state housing agency
- Lead the investor closing process to maximize your funding
- Apply for housing grants to lower your Tribal nation’s costs
- Advocate for Native housing priorities
Our impact
Housing developments
Homes built or rehabilitated
LIHTC equity
About the Low Income Housing Tax Credit
The Low Income Housing Tax Credit (LIHTC) program is the main source of funding for affordable housing in the United States. It supports new construction and the rehabilitation of existing homes, with investor equity that does not need to be repaid.
The funding typically covers the majority of a development’s cost.
Since its implementation in 1986, the LIHTC program has helped produce millions of homes by incentivizing private-sector investment in affordable housing.
With our support, Tribal nations have successfully used LIHTC to create thousands of homes in Native communities.
The program works alongside NAHASDA funding, and more states are implementing regulations that help Tribal nations secure this resource.
The LIHTC process generally works as follows: The IRS allocates tax credits to each state based on population. Tribal nations and their TDHEs apply for these credits for a project and then partner with an investor who purchases the credits, generating equity for housing construction.
Ready to work with us?
Get in touch to get started on your next housing development.