Today's economic environment and social climate demand an alternative to traditional housing options. Renters, first-time home buyers, and students, have recognized the benefit of the cooperative model. Buying a house or renting an apartment aren't the only living arrangements available in the marketplace.
Housing cooperatives provide an alternative to the traditional methods of acquiring a primary residence. The LIHTC Program, which is based on Section 42 of the Internal Revenue Code, was enacted by Congress in 1986 to provide the private market with an incentive to invest in affordable rental housing.
Housing cooperatives provide an alternative to the traditional methods of acquiring a primary residence. The LIHTC Program, which is based on Section 42 of the Internal Revenue Code, was enacted by Congress in 1986 to provide the private market with an incentive to invest in affordable rental housing.
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FKGibbs Company is a Certified MBE and DBE company with corporate headquarters in Kansas City, Missouri, the heart of the United States. This strategic location is accessible to clients in all parts of the country. FKGibbs Company is the result of over 30 years of property management and related experience by its founder, Fred Gibbs.
Housing cooperatives are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family ownership, condominiums and renting. Our industry affiliations with Midwest Association of Housing Cooperatives ( MAHC) and National Association of Housing Cooperatives (NAHC) provide the client access to the latest legislate changes and industry trends.
FKGibbs Company, LLC has the experience, technology, process and scale that sets us apart from the pack. Our team of property management professionals is committed to providing superior quality and unparalleled customer service in all aspects of our business. Our recipe for success is simple; Our staff, agents, and property managers put your needs and goals first.
Investing in low-income housing tax credit (LIHTC) projects provides investors with a predictable return while providing safe, affordable housing to low-income families. However, all the risks inherent in real estate investments exist with tax credit projects, along with substantial additional compliance restrictions, and other risks unique to the tax credit program.
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Thelma
Jul 01, 2018
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