TCB's Finance Department is uniquely positioned to structure the financing and equity for complex affordable housing developments. Our four full-time Finance staff members have expertise in affordable housing finance and financial modeling with all types of community development finance tools - tax exempt bonds, equity syndication, public housing capital and operating subsidies. This expertise allows TCB to use innovative combinations of resources to support our redevelopment efforts. Our Finance staff secure equity, construction, and permanent debt for TCB projects and for affordable housing projects sponsored by other non-profits.
TCB has been on the cutting edge of tax credit syndication for the non-profit community for over 30 years, helping set up some of the first syndicated non-profit affordable housing projects in the country. Early projects utilized accelerated depreciation as the primary benefit for investors. Since the Tax Reform Act of 1986, Community Builders has been an innovator in structuring deals using the federal Low Income Housing Tax Credit (LIHTC).
TCB has been a national leader in mixed finance for public housing redevelopment. The complex work of public housing privatization requires skill in meshing older public housing regulations with new private financing and investment tools. Our extensive experience with more than a dozen HOPE VI mixed finance transactions makes TCB a leading expert in the field.
For further information on our Finance activities, please contact:
Director of Finance
The Community Builders, Inc.
95 Berkeley Street, Suite 500
Boston, MA 02116-6240