Great Lakes Capital Fund has syndicated and brokered LIHTCs since 1993. We have a robust pipeline of development opportunities across our region representing more than 180 developments and $900,000 million of equity investment.

We enable civic minded banks and corporations the opportunity to:

• Participate in a low-risk investment that helps stimulate the local economy
• Support the development of high quality affordably-priced housing for people who earn between $15,000 and $35,000 per year
• Receive a good internal rate of return based upon tax benefits associated with each investment
• Achieve risk diversification and risk sharing through a fund investment

Banks receive additional benefits through the Community Reinvestment Act (CRA)

We provide many different options for investors:

• Multi-investor funds encompassing several states ($1 million minimum investment, maximum risk diversification)
• Single state multi-investor funds ($250,000 minimum investment, risk diversification)
• Single investor funds (supporting multiple projects within one fund, generating one tax return for an investor)
• Brokered direct placements and/or side-by-side investments (offering maximum PR and CRA value for an investor)

List of Investors
Portfolio Developments
Underwriting & Closing Process Diagram
Underwriting Guidelines
Asset Management Process
Apply for LIHTC Equity