Financing Affordable Housing
We invest in affordable housing to help ensure family and community stability—accompanying the firm’s broader efforts to invest for positive outcomes.
There is a shortage of millions of affordable housing units for low-income renters across the country – disrupting family stability and creating a negative economic ripple effect within often already vulnerable communities.
We leverage federal and state tax credit programs to help finance housing developments and increase access to safe, high-quality, and affordable homes for low-income families, veterans, public service workers and other vulnerable populations in America.
$1.1B+
In Low-Income Housing Tax Credits
13,000+
Families Supported
190+
Developments Supported
Our investments are made possible by our partners.
Federal Low-Income Housing Tax Credits
We participate in the Federal LIHTC program – which is dedicated to incentivizing affordable housing investments in the U.S. – by bringing investors into the program and offering the opportunity to claim tax credit equity.
State Low-Income Housing Tax Credits
We work within State LIHTC programs to provide additional tax equity and finance developments in targeted areas. We provide highly competitive terms for developers with structured transactions, legal counsel and lending expertise.
In addition to investing nationwide through the Federal LIHTC program, we are participating in specific State LIHTC programs.
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Alabama
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Arizona
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Colorado
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Georgia
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Indiana
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Kansas
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Missouri
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Nebraska
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Ohio
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Oklahoma
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South Carolina
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Tennessee
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Texas
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Utah
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Virginia
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Wisconsin
We work across the country. If a state is not highlighted, we may still be investing in that area.
Affordable Housing Leadership
Learn More About Our Business
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Advantage Capital brings decades of tax credit program expertise to help finance and structure affordable housing developments. Through our deep experience with the Low-Income Housing Tax Credit (LIHTC) and other state and federal programs, we help developers secure the capital they need to move projects forward. Our team partners with investors, developers, and policymakers to structure financially sound deals that deliver high-quality, affordable housing while driving lasting community impact.
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The Low-Income Housing Tax Credit (LIHTC) program is a permanent part of the federal tax code (Section 42) and provides tax incentives to institutional investors who help finance affordable housing developments. More than half the country has implemented complimentary state-level LIHTC programs to provide additional financing utilizing state tax incentives. Administered at the state level through state housing agencies, the program leverages both federal and state tax credits where available, to attract private capital to projects that serve low-income families. By doing so, LIHTC helps ensure long-term affordability, strengthen local economies, and promote community stability across the country.
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Federal LIHTCs provide the foundation for most affordable housing developments, while state-level programs often add complementary incentives. State LIHTCs are tailored to local needs, providing a key incentive to increase the supply of affordable housing.
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Qualified investors in federal LIHTC projects receive a dollar-for-dollar reduction in their federal tax liability for each credit acquired. Beyond the financial benefit, they play a vital role in improving housing access, creating stable communities, and supporting local workforce development, making it a responsible investment with measurable impact.
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Our leadership team has extensive experience in tax credit financing, structuring, and community investment. We aim to deliver results that pair financial returns with a strong emphasis on impact, ensuring affordable housing developments become sustainable, long-term solutions.
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