Real Estate Development / Low Income Housing Tax Credit Program (LIHTC)

P&P assists clients, whether they are an investor, a developer, a lender, a management company, or a community-based organization, they can depend on our LIHTC specialists. We have a multi-disciplinary team of professionals dedicated to serving the many parties involved in housing and community development. To better serve those parties, we stay on top of legislation, regulations, and market trends. We bring that background to all projects. But we realize that each deal is unique, so we will customize our approach to meet clients specific low-income housing tax credit requirements.

P&P has the skills and experience to help clients put together a transaction. We support them through every step of the process, from structuring their investment entity right through to exit strategy planning. In between we assist in planning and/or reviewing of financial projections and dealing with asset management issues.

When assist clients in putting together LIHTC applications and alleviating roadblocks. To client application we bring our experience with assisting in the development of a state Qualified Allocation Plan (QAP)  . We assist clients in walking through the process of developing a competitive, well-structured, low-income housing tax credits application because we are familiar with qualified allocation plans and understand the factors that determine whether or not an application is approved. When appropriate, we can also help integrate historic tax credits into client plans.

P&P also provides client assistance in identifying investors and lenders and negotiating with them.

Compliance is important to all LIHTC projects. We provide tax and financial statement services and value-added consulting to real estate clients of all sizes across the country.