What does Mid Town Builders do?

Mid Town Builders Corp. LLC specializes in developing and renovating affordable multi-family housing communities. They focus on projects funded through the Low-Income Housing Tax Credit (LIHTC) program and provide complete construction management services.

Where does Mid Town Builders operate?

The company operates across several states, including North Carolina, Georgia, Kansas, Missouri, Nebraska, Nevada, Oklahoma, South Carolina, and Texas, partnering with developers and housing agencies to expand affordable housing.

What is the LIHTC program?

The Low-Income Housing Tax Credit (LIHTC) program is a federal initiative that offers tax incentives to developers who build or rehabilitate rental housing for low- and moderate-income families. Mid Town Builders has extensive experience managing both 4% and 9% LIHTC projects.

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Limitations of LIHTC and the Need for Diverse Housing Solutions

by mcsadmin | Jan 5, 2025 | LIHTC

The Low-Income Housing Tax Credit (LIHTC) program has been a cornerstone of affordable housing development in the United States for decades. Designed to incentivize private developers to create affordable rental housing, LIHTC has provided billions in funding for...

Key 2025 LIHTC Updates for Affordable Housing Builders & Developers

by mcsadmin | Dec 10, 2024 | LIHTC

The Low-Income Housing Tax Credit (LIHTC) program continues to be a cornerstone in addressing the growing need for affordable housing in the United States. With new parameters and financial adjustments set for 2025, LIHTC and Affordable Housing Developers and Builders...

2025 Tax Super Bowl: LIHTC’s Critical Moment

by mcsadmin | Dec 5, 2024 | LIHTC

As Mid Town Builders approach the expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) in 2025, affordable housing advocates, LIHTC developers, and housing agencies are looking to capitalize on this critical opportunity to reshape the future of the...

Preparing for HUD Audits Under HOTMA Rules

by mcsadmin | Nov 28, 2024 | HOTMA

IntroductionThe Housing Opportunity Through Modernization Act (HOTMA) has brought significant changes to the management and compliance landscape for Low-Income Housing Tax Credit (LIHTC) properties. As property managers and LIHTC owners gear up for HUD audits under...

Impact of HOTMA on Mixed-Income LIHTC Properties

by mcsadmin | Nov 24, 2024 | LIHTC

IntroductionThe Housing Opportunity Through Modernization Act (HOTMA) significantly impacts Low-Income Housing Tax Credit (LIHTC) properties, particularly those with mixed-income residents. Understanding the implications of HOTMA for mixed-income LIHTC properties is...