Matthew Barcello
Managing Director, Tax Credit Investment Services, Project Finance & Consulting

Matthew Barcello specializes in providing tax credit investment services. Based in Boston, he provides real estate due diligence and transaction services relating to the Low-Income Housing Tax Credit (LIHTC), the New Markets Tax Credit (NMTC) Program, energy tax credits, and federal and state historic tax credit transactions. His experience with the LIHTC includes conducting due diligence and providing other advisory services on behalf of institutional investors in both primary and secondary transactions. He has provided due diligence services to nearly every tax credit syndicator.

Matt has co-authored a series of reports assessing the performance of the LIHTC industry as well as the implication of the Community Reinvestment Act (CRA). These reports include “The Community Reinvestment Act and Its Effect on Housing Tax Credit Pricing,” “The Low-Income Housing Tax Credit Program at Year 30: Recent Investment Performance,” and “The Low-Income Housing Tax Credit Program at Year 30: An Operating Expense Analysis.”

Before joining CohnReznick, Matt was an associate with a Big Four firm in the tax credit investment advisory services group. While there, he contributed to a quarterly publication that tracks and scores investment in renewable energy for each state by assessing factors such as power offtake price, tax climate, resource quality, and renewable energy infrastructure.


B.A., International Relations, Economics Boston University

M.A., Finance, Harvard University

Matthew Barcello

Office | 617-603-4514

Boston, MA

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apartment building

2023 Affordable Housing Credit Study & Credit Tool

affordable housing units

LIHTC property performance: Trends and analysis

Join leaders from CohnReznick’s Tax Credit Investment Services group for an overview of how to use the study to benchmark portfolios, develop best practices, and gain valuable insights into the affordable housing industry. In addition to discussing the LIHTC industry’s performance during the pandemic, panelists will share insights about trends in construction delays, collection losses, and rising operating expenses, and, more importantly, how the industry worked to mitigate these challenges.