At Cohen-Esrey Affordable Partners, we use Section 42 of the Internal Revenue Code for development and acquisition activities. Our team is also well versed in HUD programs. This is just one more way we achieve our mission to create affordable housing. To date, we have developed or acquired 47 properties totaling nearly 4,000 units.
- Successes
- Our Clients
- Completed the first for-profit Section 236 decoupling in the nation
- Structured a number of projects utilizing tax exempt bond financing, Federal Home Loan bank loans, HOME loans, state and federal affordable housing tax credits, state and federal historic tax credits, among others
- Redeveloped an historic hospital and former schools into senior housing
- Constructed single-story senior housing and two-story family apartments
- Served as replacement general partner in a number of tax credit properties where investors sought new strategies
With our affiliate Cohen-Esrey Tax Credit Advisors, LLC, we have worked with a number of investors and federal syndicators including:
- Aegon
- Alliant Capital
- American Express
- Apollo Equity Partners
- Bank of America
- Boston Capital
- Centerline Properties (Related Capital/CharterMac)
- Edison Capital,
- ESIC
- FNMA
- GE Capital
- Heartland Properties
- IDACORP
- KeyCorp
- MMA Financial
- Raymond James Financial
- Richman Group
- Sempra Energy
- US Bank
- USAA
- Zurich