A PHA Success Story in Developing Tax Credits/RAD Housing [Video Available]

Learn how the Charlotte Housing Authority succeeded in obtaining low-income housing tax credit award 

Congratulations to the Charlotte Housing Authority on its recent closing on the tax-credit equity financing and RAD conversion of its $14.2 million Tall Oaks redevelopment project. Part of the development costs is financed by a low-income housing tax credit award of over $8.2 million. Despite strong competition from other established developers, the Authority successfully strategized the application and leveraged its resources to win the tax credit award. Learn how other public housing authorities can use similar strategies and resources to obtain tax credit awards.