Cindy Fang provides investment due diligence and other advisory services to institutional investors to help them strategically acquire and manage tax credit investments. She began her public accounting career in 2003 and has a broad range of experience serving investor, syndicator, developer, and housing finance agency clients involved in tax credit transactions.
Cindy Fang
Partner - Tax Credit Investment Services Leader, Project Finance & Consulting – CohnReznick Advisory LLC
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Cindy+Fang cindy.fang@cohnreznick.comExperience and credentials
Certified Public Accountant
Knowledgeable in all realms of major investment tax credits including the low-income housing tax credit, historic, New Markets, and renewable energy tax credit
Provides project finance and consulting and other advisory services related to equity market conditions, investment options, investment due diligence, transaction structuring, and modeling, as well as industry best practices for underwriting and asset management
Over past 17+ years, assisted institutional investors with their entry into or expansion in affordable housing investing
Plays key role in the firm’s industry research, policy, and regulatory advocacy and thought leadership efforts
Has co-authored many of the affordable housing industry's leading research publications studying the industry's underwriting, performance, and policy trends. Has focused on evaluating the strengths and weaknesses of tax incentivized funds on behalf of institutional investors including evaluation of fund sponsors
Thought Leadership: National Housing and Rehabilitation Association, Tax Credit Equity Roundtable: Q1 2021, Moderator; NCSHA, Housing Credit Connect 2021, Enhancing Public Policy with Portfolio Data, Panelist
Education
M.S., Taxation, Northeastern University
Master of Public Management, University of Maryland
B.A., Literature, Peking University
Professional affiliations
American Institute of Certified Public Accountants
Massachusetts Society of Certified Public Accountants
CREW Boston
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