The Low-Income Housing Tax Credit (LIHTC) program offers tax incentives to developers and investors who provide rental housing (new or renovated) to low-income persons at reduced rates. BakerHostetler attorneys have extensive experience representing real estate developers in obtaining LIHTC allocations for their projects and creating transaction structures that work for all involved.
Our attorneys understand the multifaceted and complex nature of LIHTC projects and are able to provide developers and sponsors with a full spectrum of essential services from general real estate and financing negotiation and documentation, to more specific LIHTC application review, carryover allocation documentation, tax advice, tax opinion drafting, and advice on work-outs and unwind structures.