Westmont Advisors provides advisory and consulting services for the Low Income Housing Tax Credit (LIHTC), Historic Tax Credit and other US state and federal tax credits, throughout the United States. Our services include:
>> Investor due diligence for tax credit acquisitions, including financial and market analysis, negotiation and transactional services
>> Asset management and financial analysis, including business planning and fund-level management, loan workout and modification, and developing and implementing exit strategies for LIHTC and other tax credit portfolios
>> Developer services, including project feasibility assessments and preparation of LIHTC and historic tax credit applications
Investors: Westmont Advisors can assist you in navigating the acquisitions process. We can help you to select the right investments, oversee your due diligence and manage the closing process.
Developers: We can work with you to determine the feasibility of your project proposals and assist you with preparing your tax credit applications. We can also help you in locating equity for your projects.
Owners, lenders and state agencies: Improve your organizational efficiency and maximize your results by entrusting your asset management, workout and disposition portfolios to us. Our team is experienced with affordable housing and commercial property asset management, including distressed properties.
LIHTC compliance training and consulting
Westmont Advisors is proud to partner with LIHTC compliance experts TheoPRO to offer development compliance services and Section 42 training programs for LIHTC professionals, including property managers, developers, asset managers, syndicators and government agencies.
Proactive management will reduce the likelihood of LIHTC compliance problems and make those issues more manageable when they do arise.
TheoPRO can play important roles in all aspects of your compliance process, including planning, operations oversight, training and disposition:
- Acquisition and development planning, including mixed-income redevelopments and projects that combine different programs such as HOME, Rural Development and tax-exempt private activity bonds.
- Video-on-demand and personalized Section 42 training programs for property managers, asset managers, developers, investors, syndicators, housing agencies (federal, state and local) and other affordable housing professionals.
- Operational support for asset management, developers and property managers, including file review, compliance oversight and asset management training.
Asset managers and property managers can be best served by LIHTC compliance training that addresses their specific job requirements. Click here to learn more.
TheoPRO is led by founder Vivian Probst, one of the nation’s leading experts in Section 42 LIHTC compliance. Let TheoPRO and Westmont customize a program for you.
We offer training and other services throughout the United States. Contact us to learn more.
The Low Income Housing Tax Credit (LIHTC) provides an efficient private sector solution to America’s affordable housing shortage. Since its creation in 1986, the LIHTC Section 42 program has funded the development and rehabilitation of more than 3 million housing units throughout the United States. The LIHTC enjoys the support of both political parties in Congress and played an important role in the Obama administration’s economic stimulus program.
For more than three decades, the Historic Tax Credit has supported redevelopment projects that can serve modern needs while retaining their historic character and heritage.
Tax credits are powerful financial tools for investors, developers and the public sector. Investors earn stable returns with manageable levels of risk. Developers gain access to reliable, cost effective sources of equity. Governments can harness private sector expertise, capital and initiative to meet public policy objectives, minimizing red tape and maximizing results.
Westmont and our partners at TheoPRO can serve your needs throughout the United States. Please do not hesitate to contact us for more information about our consulting and advisory services for real estate acquisition, asset management and tax credits, including the Low Income Housing Tax Credit (LIHTC) and Historic Tax Credit (HTC), as well as other real estate matters. Click here to learn more about our team.
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Image courtesy of Tony Case. Licensed under Creative Commons.