Affordable Housing

At Maner Costerisan, we understand that those in the affordable housing industry must adhere carefully to the strict demands of regulators, syndicators and lenders, while simultaneously managing multiple developments and construction projects with ongoing deadlines. Our affordable housing niche group focuses on the specific needs of developers and builders and works hard in order to stay on top of the latest requirements imposed by regulators such as HUD, Rural Development and the Michigan State Housing Development Authority (MSHDA). We also regularly attend local and national conferences to stay abreast of the changes in the affordable housing and real estate environments. We are members of the Michigan Housing Council and the Affordable Housing Association of CPAs (AHACPA), as well as sponsors of the Building Michigan Communities Conference. We have developed close working relationships with management agents throughout the Midwest.

With over 55 years of combined experience in the affordable housing industry, our professionals have the expertise necessary to assist you with:

  • Obtaining and reserving Low Income Housing Tax Credits (LIHTCs)
  • Preparing LIHTC carryover allocations
  • Preparing owner, mortgager and contractor certifications
  • Annual audits
  • Partnership tax returns