- Income TaxThe U.S. Federal Government’s Low-Income Housing Tax Credit (LIHTC) program is a simple yet powerful incentive for the private sector to invest in replenishing America’s vital supply of affordable housing. Launched in 1986 and made permanent in 1993, LIHTC enables corporations investing in the affordable housing industry to significantly reduce their tax burden. Corporations investing in the construction of new affordable housing units, or in the acquisition and rehabilitation of existing units, can earn tax credits against federal and state income tax. When combined with the added deductions accruing from ownership of real estate, affordable housing tax credits enable a corporation to achieve returns well in excess those available from alternative investments.
- AnnuitiesAnnuities enable the owner or beneficiary of the annuity to have access to all or a portion of the cash value of the annuity immediately, rather than waiting years for annuity payments. As a financial strategy, annuities provide many of the same benefits as structured settlements.