Appeal of Alternative Investments Expected to Reduce Prices Investors Will Pay for Tax Credit Projects

摘要

Low-income housing tax credit prices are expected to decline over the coming months because of pressure from investors who can get more attractive yields from alternative investments. "There have been rumblings all year that investors in general have been concerned about pricing," said Marriane Votta, senior vice president and manager of tax credit management for Bank of America and president of the Affordable Housing Investors Council (AHIC).