Historic Tax Credit (HTC) equity can play a critical role in affordable housing while providing low-cost capital to real estate developers who agree to preserve historic building elements.
In a Q&A with Commercial Observer, Tim Karp, Head of Historic Tax Credit, Community Development Banking, JPMorgan Chase, discussed HTC’s role in addressing the affordable housing crisis, plus:
- Why it’s important to consider HTC early in your project’s development
- How HTC can help reduce your building’s carbon footprint
- The importance of historic preservation to communities
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