The Low-Income Housing Tax Credit (LIHTC) program is a cornerstone of federal housing policy, encouraging private investment in the development and preservation of affordable rental housing. Since its creation in 1986, LIHTC has financed millions of housing units nationwide, providing safe, sustainable communities for low-income individuals and families.
At Kazakos & McDaniel, we specialize in helping developers, investors, and nonprofit sponsors navigate the financial, tax, and compliance complexities of the LIHTC program. Our multidisciplinary team provides the accounting insight and strategic guidance needed to structure projects effectively and sustain compliance throughout their life cycle.
LIHTC projects require precision, accountability, and a deep understanding of tax code provisions. Kazakos & McDaniel brings decades of experience in accounting, tax, and housing finance to ensure each project is both compliant and impactful.
The New Markets Tax Credit (NMTC) program promotes economic growth and job creation in underserved communities by encouraging private capital investment in qualifying projects. Through NMTCs, investors receive federal tax credits in exchange for equity investments in certified Community Development Entities (CDEs) that finance businesses and real estate developments in low-income areas.
Kazakos & McDaniel provides the technical, financial, and compliance expertise needed to structure and manage NMTC transactions efficiently, ensuring all stakeholders realize the intended community and financial benefits.
NMTC projects involve multiple layers of funding and regulatory oversight. We help clients manage complexity, mitigate risk, and maintain compliance with federal and CDFI Fund requirements — from project inception to final unwind.
The Opportunity Zone (OZ) program, established under the 2017 Tax Cuts and Jobs Act, was created to encourage long-term private investment in economically distressed communities. Investors can defer, reduce, or eliminate capital gains taxes by reinvesting qualified gains into
Qualified Opportunity Funds (QOFs) that, in turn, finance projects and businesses within designated Opportunity Zones.
We help investors, developers, and fund sponsors navigate the complexities of Opportunity Zone compliance, structuring, and reporting. Our expertise ensures each investment achieves maximum tax efficiency while meeting the program’s rigorous regulatory requirements and community development goals.
The Renewable Energy Tax Credit programs — including the Investment Tax Credit (ITC) and Production Tax Credit (PTC) — provide powerful incentives for businesses and developers investing in solar, wind, and other renewable energy projects.
At Kazakos & McDaniel, we guide clients through the qualification, certification, and monetization of renewable energy credits, helping projects move from concept to completion while achieving optimal tax outcomes.At Kazakos & McDaniel, we specialize in helping developers, investors, and nonprofit sponsors navigate the financial, tax, and compliance complexities of the LIHTC program. Our multidisciplinary team provides the accounting insight and strategic guidance needed to structure projects effectively and sustain compliance throughout their life cycle.
Energy projects involve evolving tax rules and layered incentive programs. We help you stay ahead of regulatory changes while ensuring full transparency, efficiency, and value realization.
The Historic Tax Credit (HTC) program supports the rehabilitation and adaptive reuse of certified historic structures. It allows property owners and developers to claim a federal tax credit—typically 20% of qualified rehabilitation expenses—for restoring income-producing historic buildings.
We help clients leverage the HTC program to preserve cultural heritage while realizing meaningful financial benefits. Our team provides strategic tax planning, cost certification, and compliance management to ensure each restoration project meets both historic preservation standards and IRS requirements.
Historic rehabilitation projects demand a balance of architectural authenticity and fiscal discipline. Our firm brings a unique combination of financial acumen and regulatory expertise to ensure your project is both historically compliant and economically viable.
The U.S. Department of Housing and Urban Development (HUD) plays a vital role in expanding access to affordable housing, strengthening communities, and supporting sustainable development nationwide. Projects that receive HUD financing or insurance — such as those under Sections 8, 202, 221(d)(4), and 236 — require specialized financial reporting, audit compliance, and program knowledge to ensure ongoing eligibility and operational success.
We provide comprehensive accounting, audit, and compliance services tailored to the unique requirements of HUD-assisted and HUD-insured properties. Our professionals bring deep experience in government program compliance and financial management, helping clients meet every HUD standard with confidence and precision.
Compliance with HUD regulations requires more than accounting proficiency — it demands an in-depth understanding of federal housing programs and their evolving requirements. Kazakos & McDaniel provides the technical expertise, diligence, and responsiveness needed to meet HUD’s exacting standards.
Whether you are a property owner, developer, lender, or nonprofit organization, we help you maintain compliance, safeguard funding, and strengthen financial performance — ensuring your mission of affordable and equitable housing stays on solid financial ground.
