As part of its mission to preserve and strengthen the housing credit as an efficient and effective tool to provide affordable housing, AHIC develops guidelines for underwriting and asset managing LIHTC transactions and portfolios. Our widely adopted, comprehensive suite of best practices and guidelines represents the collective wisdom of industry leaders, designed to enhance the efficiency, effectiveness and social impact of housing credit investments.

These resources are freely available and are designed to support direct and indirect investors and our syndicator and developer partners.  

Why Our Best Practices Matter:

  1. Standardization: Our guidelines create a common language for investors and syndicators, streamlining communication and analysis across the industry.

  2. Risk Management: We provide tools to identify and mitigate potential issues early.

  3. Social Impact: Our supplements to our underwriting and asset management best practices that examine them through the lens of fairness and racial justice ensure investments not only make financial sense but also genuinely benefit communities.

  4. Lifecycle Approach: We offer guidance from initial underwriting through asset management to final disposition, covering the entire investment lifecycle.

Key Issues Addressed: 

  • Best Practices in Underwriting and Asset Management 
  • Risk Rating Guidelines/Watchlist Criteria 
  • Exits and Dispositions 
  • Syndicator Evaluation 
  • Multi-Investor Fund Management
  • Standardized Reporting Formats 

Find AHIC's standards and best practice resources on the right.