In 2008, the Coalition successfully passed legislation that changed the tax valuation process for Low Income Housing Tax Credit properties. This saves the tax-credit industry over $20 million dollars a year. Many of these properties have been able to stabilize tenants’ rents and make improvements to their developments because of these savings.
With the economic downfall, however, this legislation was in danger and we needed to provide a strong, cohesive voice in the legislature to ensure that this policy remained in tact. In 2009, we created the Developers Council, bringing together all the stakeholders in tax-credit development. With their assistance, our policy coordinator and a contracted lobbyist have successfully protected the legislation two years in row.
As the Coalition continues to grow, our solid relationship with developers has proven to be one of our greatest assets in advocating for housing policy.
Developers Council Members
- Affordable Housing Management Inc.
- Beacon Management
- Bernard Robinson & Co. LLP
- Blanco Tackabery & Matamoros PA
- Boston Capital Corporation
- CADA – Choanoke Area Development Association
- CAHEC
- Carolina Bank
- CASA
- CICCAR
- CohnReznick
- Connelly Builders Inc.
- DHIC
- Evergreen Construction
- Federal Home Loan Bank of Atlanta
- Flatiron Partners
- Greenway Development Co.
- KRP Investments LLC
- Laurel Street Residential
- Northwestern Regional Housing Authority
- Novogradac & Company LLP
- Parker General Contractors, LLC
- Pendergraph Management LLC
- Pryzwansky Law Firm
- RBC Capital Markets – TCEG
- Red Stone Equity Partners
- SNW LLP
- Taft Development Group
- The Affordable Housing Group Of North Carolina, Inc.
- The Banks Law Firm
- The Brockmann Law Firm, P.C.
- The Woda Group
- United Developers
- Weaver Kirkland Development LLC
- Wells Fargo
- Workforce Homestead Inc.
Learn more about becoming a member of the Developers Council.
