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State Tax Credits

Great Lakes Capital Fund brokers and invests in State Tax Credits in a variety of community development initiatives. In Michigan, State Historic Tax Credits and State Brownfield Credits are certificated, enabling investors to provide equity without taking an ownership role in the development. The State of New York provides a Low Income Housing Tax Credit that follows the federal program.

We’re able to help investors reduce their state tax liability, while supporting high priority housing and economic development initiatives that stimulate the local economy. Here’s an example of a project we’re supporting in a town located in Michigan’s Upper Peninsula:

Crystal View Apartments