Tax Credit Market Shows Signs Of Recovery in Some Areas

摘要

The decline in the low-income housing tax credit market has stabilized, and rising demand in some areas of the country is pushing up tax credit prices, according to investors and syndicators.rn'There is a glimmer of hope. Based on what we have been monitoring and investor feedback, the market has bottomed out," said Bernie Husser, executive vice president of The Richman Group Affordable Housing Corp., a syndicator based in Greenwich, Conn. "At least for this period now, it appears stabilized."