August 19, 2025
William Fiederlein, Vice President at Advantage Capital, authored an article for Multifamily & Affordable Housing Business, a leading source for news and insights on the affordable housing sector. His piece highlights how state-level tax credits, particularly the Virginia Housing Opportunity Tax Credit (HOTC), are a critical tool delivering affordable housing to communities across the commonwealth.
Article Summary
In the article, William spotlights Virginia’s Housing Opportunity Tax Credit (HOTC) and its role in advancing developments that create and preserve affordable homes for working families and seniors.
The featured examples, such as The ZeroPak in Winchester, Telestar Court in Falls Church, Kindlewood Phase II in Charlottesville, and The Harbor at Quantico Creek in Dumfries, demonstrate how state programs like HOTC fill funding shortfalls, boost community development, and broaden economic prospects.
He provides hands-on advice for developers, highlighting the importance of tracking community results, engaging stakeholders from the start, and partnering with investors who share similar goals for financial stability and lasting impact.
Key Takeaways
- State tax credits let states tackle housing challenges unique to their communities.
- Programs like Virginia’s HOTC show how targeted policy can deliver lasting local impact.
- Finding the right equity partner with state LIHTC expertise is key to unlocking funds. This helps developers provide safer, affordable homes.
Learn More
Read the full article on Multifamily & Affordable Housing Business.
For more on Advantage Capital’s affordable housing efforts in Virginia, contact William Fiederlein at wfiederlein@advantagecap.com.
