The need for affordable housing has never been greater. Today, an estimated 12 million renter and homeowner households pay more than 50% of their annual income for housing.
The Low Income Housing Tax Credit ("LIHTC") program is the most important resource for creating affordable housing in the United States today.
By providing compelling risk-adjusted returns to tax credit investors, LIHTC housing meets the need for affordable housing in the multifamily market. According to Cohn Reznick, LITHC properties are leaders nationally with an average 97.9% occupancy rate.
Sunstone is committed to addressing the need for affordable housing through the production of attractive, energy-conscious, affordable LIHTC apartments near parks, schools, and transportation.
Sunstone has the skillset and experience to navigate the intricate administrative, tax, and compliance requirements required in the LIHTC industry.
Sunstone's principals have over 30 years experience in the development and operation of affordable and workforce housing around the U.S.
Sunstone's LIHTC Vision
With the distinct view that long-term returns matter, from development to management and ultimate disposition, Sunstone strives to ensure each of its stakeholders are well-served.
Residents gain apartments they are proud to call home.
Investors and financial stakeholders gain a solid partner dedicated to efficient operations, community vitality, and financial success.