Low-income housing tax credit investment survey
Date Published: 10/08/2009
Author: Ernst & Young, LLP
A study by Ernst & Young, providing insight into the low income housing tax credit investment market, its investment history, current market conditions and investor motivations, and potential investor responses to certain legislative proposals designed to stimulate investment activity.
Excerpt
Ernst & Young LLP has been engaged by Enterprise Community Partners, Inc. and Local Initiatives Support Corporation to help understand the current market environment for low-income housing tax credit ('housing credit') investments, investor motivations and investor responses to potential legislative enhancements to rules that govern these transactions. As part of this engagement, we surveyed current, former and potential institutional investors, as well as syndicators and brokers active in the housing credit industry. This report was jointly undertaken by Ernst & Young's Tax Credit Investment Advisory Services group and its Quantitative Economics and Statistics group. Continued[+]..
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Topics: Housing, --Affordable Housing Finance & Development, Policy
Type: Research paper