The executive leadership of Hunt Capital Partners has an extensive track record in the syndication of affordable housing utilizing both Federal and State Tax Credit programs. Since inception in 2010, Hunt Capital Partners has raised over $3 billion in tax credit equity from a range of corporate and institutional partners. Based upon our achievements and strong investor relationships, Hunt Capital Partners has become a nationally recognized leader in the Tax Credit equity marketplace.
Our investment partners include, among others, banks, insurance and technology companies. Whether our partners are focused on Community Reinvestment Act requirements or achieving economic returns, or both, Hunt Capital Partners structures investment opportunities tailored to each of their specific needs. Please contact us if you are interested in learning more about Hunt Capital Partners’ Tax Credit equity investment opportunities.
Capitol Lofts
Hartford, CT
$36.5 million
112 units
Brownfield adaptive reuse catalyzing local redevelopment
HCP’s platform works interdepartmentally across various disciplines to provide comprehensive asset management services in order to ensure delivery of maximum tax benefit and timely reporting to our Investor Partners. HCP asset management services are provided by the following HCP teams:
Asset Management
Monitors property performance including property inspections, tax credit compliance and adherence to regulatory rules, from stabilization through disposition to help maximize cash flow, delivery of tax credits and property value. The Asset Management team maintains relationship with the general partner, analyzes and when necessary, recommends troubled asset resolutions, refinance, restructuring and disposition requests.
Compliance
Works with third party vendors to ensure comprehensive audits of all first year tenant files as well as annual sample audits. The Compliance team also coordinates the collection and review of all annual owner’s certifications and state audits and assists in the resolution of any outstanding issues related to the issuance of 8823s or down units.
Construction Risk Management
Provides expertise in connection, pre-construction review, and construction oversight.
Dispositions
Our dispositions team is comprised of knowledgeable industry experts responsible for the sale of Hunt Capital Partner’s investors' interest in LIHTC assets. HCP dispositions and asset management staff work closely together to create and execute liquidation strategies, typically after the 15-year LIHTC compliance period expires – though dispositions are possible and sometimes in the best interest of investors after the 10-year credit period expires.
Funds Management
Monitors tax benefits to ensure proper allocation of tax credits and losses to our Investor partners. Monitors capital accounts and minimum gain, and assists in making business decisions designed to preserve and maximize fund yields.
Investor Reporting
Manages the information related to the asset management services and ensures timely reporting to our Investor Partners.
Project Management
Manages the investment from closing through stabilization, working in conjunction with the other HCP teams to monitor construction, initial tenant compliance, delivery of tax credits and placement of a permanent financing.
Tax
Provides the timely collection and review of lower tier K-1s, preparation and filing of fund tax returns, and the delivery of Schedule K-1s to our Investor Partners. Tax coordinates the preparation and review of all fund tax returns and works to identify and resolve tax issues to maximize benefits to our Investor Partners.
Underwriting
Hunt Capital Partners’ dedicated underwriting team plays a central role in the structuring opportunities for our investment and development partners. With a national transactional and professional footprint, we take a ‘boots on the ground’ approach when evaluating the risk and reward of a particular opportunity.