Good info, i have a question what is the best process for a investor to get gov grants to purchase low income multifamily propertys without the red tape. Where do i go to apply, also maybe build groundup multifamily. In my state low income properties are owned by slumlords, low income doesnt mean living in high crime, no repairs, rodents housing. These are good familys that deserve better clean safe living my goal is to provide this but i cant do it alone
Great! Start with your local housing office in the town you want to do business in. Whoever runs the housing and economic development division of the city will know where to go for credits. If you don't have any contacts there you can either go to the county of the state, both of which will have a housing and economic development office
Hello! I am just now getting into this...Wanting to build from the ground up. Our town also only has slum lord low income housing options. I am ready to be the change and have no idea where to start. The grant process is intimidating. Any tips?
Thank you for taking the time to even read what i had to say. Im still looking in to this because state owns alot of the land theres alot to it im also looking in to multifamily purchase and rehab. How long have you been a investor and the name of your company @@WindsofChange_
Thanks for the information on an interesting topic. Could you touch on how landlords can seek opportunities with the section 42 tax credit program? Both purchasing properties already in the program and also enrolling currently owned properties?
Good info, i have a question what is the best process for a investor to get gov grants to purchase low income multifamily propertys without the red tape. Where do i go to apply, also maybe build groundup multifamily. In my state low income properties are owned by slumlords, low income doesnt mean living in high crime, no repairs, rodents housing. These are good familys that deserve better clean safe living my goal is to provide this but i cant do it alone
Great! Start with your local housing office in the town you want to do business in. Whoever runs the housing and economic development division of the city will know where to go for credits. If you don't have any contacts there you can either go to the county of the state, both of which will have a housing and economic development office
Hello! I am just now getting into this...Wanting to build from the ground up. Our town also only has slum lord low income housing options. I am ready to be the change and have no idea where to start. The grant process is intimidating.
Any tips?
Thank you for taking the time to even read what i had to say. Im still looking in to this because state owns alot of the land theres alot to it im also looking in to multifamily purchase and rehab. How long have you been a investor and the name of your company
@@WindsofChange_
Love it thank you for the info.
You are welcome@@
Thanks for the information on an interesting topic. Could you touch on how landlords can seek opportunities with the section 42 tax credit program? Both purchasing properties already in the program and also enrolling currently owned properties?
Not familiar with that one but thanks for pointing it out, we will look into it!
Section 42 LIHTCs are only for new construction or substantial rehab.