From the inception of the firm over 20 years ago, HCVT has been providing professional services to a full spectrum of participants in this unique industry sector. With over 300 separate projects, our clients include nationally recognized developers and investors, including for-profit and nonprofit organizations.  We understand the complexities associated with low-income housing tax credits (LIHTC), as defined in IRC Section 42, as amended.  The California Tax Credit Allocation Committee (TCAC) has relied on us to assist them in developing regulations to improve project reporting. We have extensive knowledge in Housing and Urban Development Agency (HUD) reporting requirements and with the electronic filing requirements of the Real Estate Assessment Center (REAC).  We also have extensive experience in the audit and reporting requirements of projects receiving financing from state agencies, including the California Department of Housing and Community Development, California Housing Finance Agency, Los Angeles Housing and Community Investment Department, and USDA Rural Development (LIHTC Governmental Agencies).

Our services are comprehensive and include:

Eligible basis
Break-even
Debt coverage ratio and occupancy
Residual receipts
First and subsequent years tax credits

Main Menu