News

BOSTON, MA – TCAM announced today that it has been engaged by a low income housing tax credit syndicator to help the client assess its current asset management and risk management practices. 

As thousands of low-income housing tax credit properties approach Year 15 every year, the importance of planning for and managing Year 15 transactions

BOSTON, MA – TCAM announced today that it has been engaged by a bank investor to manage a fund of affordable housing properties. TCAM’s services include property oversight as well as fund management, investor reporting and fund accounting. This engagement will help expand the capacity of the bank’s asset management group and help it meet … Continue reading TCAM Announces New Engagement with Tax Credit Investor →

History can be instructive. During the 1990s savings and loan crisis government regulators strongly encouraged lenders to dump troubled assets, which they did – many at deep discounts. As a result, savvy investors were enriched.

BOSTON, MA – Today, TCAM announced that it is offering a new service for capital providers in the affordable housing industry: asset management training.

Today, TCAM announced the promotion of Allen Feliz to Managing Director. The promotion recognizes Mr. Feliz’s role in managing the Company’s engagements with a wide range of clients, including for-profit and non-profit developers and public agencies. As Managing Director, Mr. Feliz will be part of TCAM’s senior staff setting policy and guiding the Company’s growth.

BOSTON, MA – Today, TCAM announced a new engagement with another organization that develops, owns and operates affordable housing. The client has engaged TCAM to help refine and implement strategies for an asset approaching Year 15 of the initial tax credit compliance period.

On February 11, 2014, one of our clients, the Housing Partnership Equity Trust (“Equity Trust” or “HPET”) was featured on NPR’s national broadcast of All Things Considered for its innovative approach to preserving affordable housing.

Experienced owner/developers in today’s multifamily rental housing market, seeking to diversify their sources of revenue, are looking beyond development fees.

As thousands of LIHTC properties reach Year 15 of the compliance period with physical needs and inadequate reserves to address them, growing interest among state allocating agencies in preservation and a continuing active tax credit market, re-syndication is an attractive option for owners.