Housing Tax Credit Monitor

CohnReznick’s Tax Credit Investment Services (TCIS) practice helps institutional investors strategically acquire and manage tax credit investments. Bimonthly, the TCIS team publishes the Housing Tax Credit Monitor in Tax Credit Advisor, a leading industry publication produced by the National Housing & Rehabilitation Association.

Housing tax credit monitor (March 2023)

CohnReznick’s March 2023 Housing Tax Credit Monitor is now available. This edition features: 

• 24 current national and regional funds offered
• A look at how market dynamics are impacting resident services and amenities

HOUSING Tax Credit Monitor (FEBRUARY 2023)

In this issue, we feature:  

• Results from our 2022 housing credit equity volume survey, exploring trends from the year, comparisons with previous years, and more
• 23 current national and regional funds offered

HOUSING TAX CREDIT MONITOR (December 2022)

In this issue, we feature:  

• 27 current national and regional funds offered 
• “Closing time” for multi-investor funds
• Current LIHTC pricing

Housing Tax Credit Monitor (October 2022)

In this issue, we feature:  

• Housing credit equity market update
• 27 current national and regional funds offered 
• Current LIHTC pricing

HOUSING TAX CREDIT MONITOR (AUGUST 2022)

In this issue, we feature:

• CRA pricing impact update 
• 24 current national and regional funds offered 
• Current LIHTC pricing

HOUSING TAX CREDIT MONITOR (JUNE 2022)

In this issue, we feature:

• Median pricing and blended IRR across multi-investor funds
• 29 current national and regional funds offered
• Insight: Treasury rates moving faster than LIHTC IRRs

Housing Tax Credit Monitor (March 2022)

In this issue, we feature:

• 2021 Housing Credit Equity Volume Survey results
• Median pricing across multi-investor funds
• 21 current national and regional funds offered

Housing Tax Credit Monitor (January 2022): rates and fund performance

CohnReznick’s January 2022 Housing Tax Credit Monitor is now available. This edition features: 

• Median pricing and blended IRR across multi-investor funds
• 21 current national and regional funds offered
• IRS guidance on LIHTC fixed 4% rate

HOUSING TAX CREDIT MONITOR (November 2021)

CohnReznick’s November 2021 Housing Tax Credit Monitor is now available. This edition features: 

• Median pricing and blended IRR across multi-investor funds
• Net equity price distribution of LIHTC investments approved in the last 60 days  
• 25 current national and regional funds offered 
• Median Housing Credit Pricing update

HOUSING TAX CREDIT MONITOR (September 2021)

CohnReznick’s September 2021 Housing Tax Credit Monitor is now available. 

This edition features: 

• Median pricing and blended IRR across multi-investor funds 
• Net equity price distribution of LIHTC investments approved in the last 60 days  
• 24 current national and regional funds offered 
• Median Housing Credit Pricing update

HOUSING TAX CREDIT MONITOR (July 2021)

CohnReznick’s July 2021 Housing Tax Credit Monitor is now available.

This edition features:

• Median pricing and blended IRR across multi-investor funds
• Net equity price distribution of LIHTC investments approved in the last 60 days
• 25 current national and regional funds offered
• Median Housing Credit Pricing update

HOUSING TAX CREDIT MONITOR (MAY 2021)

CohnReznick’s May 2021 Housing Tax Credit Monitor is now available.

This edition features:

• Median pricing and blended IRR across multi-investor funds
• Net equity price distribution of LIHTC investments approved in the last 60 days 
• 26 current national and regional funds offered
• Median Housing Credit Pricing update

Housing Tax Credit Monitor (March 2021)

CohnReznick’s March 2021 Housing Tax Credit Monitor is now available.

This edition features:

• Median pricing and blended IRR across multi investor funds
• 26 current national and regional funds offered
• Median Housing Credit Pricing update
• 2020 Housing Credit Equity Volume

HOUSING TAX CREDIT MONITOR (JANUARY 2021)

HOUSING TAX CREDIT MONITOR (NOVEMBER 2020)

For November, check the latest Housing Tax Credit Monitor for the latest on pricing, investment yield, national and regional multi-investor funds and risk ratings.

HOUSING TAX CREDIT MONITOR (SEPTEMBER 2020) 

For September, the latest on pricing, national and regional multi-investor funds is reviewed along with an expanded analysis on COVID-19's impact on transactions under construction, pre-close or those under management.

HOUSING TAX CREDIT MONITOR (JULY 2020)

This month’s Tax Credit Monitor focuses on:

• Housing Credit Investment Yield & Pricing Update
• COVID-19 Impact on Current Transactions
• Current National multi-investor funds
• Current regional multi-investor funds

housing tax Credit MONITOR (MAY 2020) 

This month’s Tax Credit Monitor focuses on a likely subject: impact of COVID-19 on transactions. Focal points included delays on fund closings, whether pre-closing property investments were proceeding normally and if prices were decreasing on bidding for current projects. These impacts and other insights will continue to be monitored to start quantifying its impacts in the coming Monitors. Ar
ea seeing immediate impact include underwriting and due diligence. Read more here. 

Housing Tax Credit Monitor (March 2020)

CohnReznick’s survey of federal housing tax credit market participants, including 41 syndicators and direct investors, concluded that approximately $18.3 billion of investor equity was closed into housing tax credit funds/investments in 2019. The March 2020 Tax Credit Monitor shows volume data, pricing, and other analysis from December 2018 through December 2019 from national and regional multi-investor funds.

Housing Tax Credit Monitor (January 2020) 

The latest bi-monthly survey of housing tax credit pricing was released by CohnReznick Tax Credit Investment Services. The data show equity-weighted basis, blended IRR, and net equity price distribution of investments approved by the participating syndicators in the past 60 days. Read about these topics and current national and regional multi-investor funds, pricing, and other insights.