Not the Easiest Job:

Effective Management of LIHTC Properties Requires Talented People, the Right Strategies

March 2012

“…Occupancy rates for many LIHTC properties are less than ideal due to weak economy, high unemployment and stiff competition not just from other tax credit properties by also from conventional apartment communities that may have rents at or just a bit above tax credit rents. This underscores the importance of effective property management in LIHTC properties –to avoid tax credit compliance problems, keep residents happy, and assure the solid financial and physical performance of the assets desired by the owners, equity and debt provider, and state credit agencies.”

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