Tax Credits

To support the development of affordable and special needs rental opportunities FAHE launched a new venture, FAHE Capital, to provide competitive financial returns to the private sector through the Low Income Housing Tax Credit (LIHTC) Program.  FAHE’s first equity fund, established in partnership with Virginia Community Development Corporation, brought $15 million in private equity to the region, placing the credits for its first project in less than one year.  FAHE Capital is launching a second fund to accommodate the overwhelming demand unmet by the first equity fund. 

To learn more about how FAHE is working with tax credits visit:  http://www.fahecapital.org