Novogradac announced it is providing an additional benefit for LIHTC stakeholders. In addition to Novogradac’s LIHTC equity pricing page, which provides a nationwide average of equity price per credit, a new page, available upon request, offers data for regions and some states.
According to the announcement, “the regional and state page shows the average price per credit for LIHTC equity in each of seven regions, as well as for 11 states – Arizona, California, Colorado, Illinois, Michigan, New Jersey, New York, North Carolina, Ohio, Texas and Virginia. The equity pricing data comes from participating investors and syndicators and will be updated quarterly, giving developers, syndicators and investors a sense of the equity market in a more targeted way than the previous LIHTC equity data.”