988 EAST 180 STREET LIHTC ASSOCIATES LLC

988 EAST 180 STREET LIHTC ASSOCIATES LLC is a limited liability entity focused on low-income housing tax credit (LIHTC) development and management in the Bronx, New York. The firm’s core capabilities center on the structuring, financing, and operational oversight of affordable housing projects compliant with federal and state LIHTC regulations. This includes navigating complex public-private partnerships, securing equity investments from institutional investors, ensuring compliance with IRS Section 42 requirements, and coordinating with local housing authorities to meet affordability and occupancy benchmarks. The company specializes in asset management for tax-credit properties, including rent certification, tenant screening, compliance reporting, and long-term property maintenance planning under HUD and state housing finance agency guidelines. Its operational model emphasizes sustainable, community-integrated housing solutions tailored to urban low-income populations. No award history is available to infer specific agency relationships or contract performance data. Consequently, there is no demonstrable track record of direct engagement with federal, state, or municipal procurement entities beyond the typical administrative interactions inherent in LIHTC program administration. The entity operates exclusively within the affordable housing finance sector, with its activities aligned to the broader LIHTC industry framework. While no NAICS code is assigned, its work falls within the domain of real estate development and property management for subsidized housing, distinct from construction or general contracting. Its market positioning is that of a specialized developer and steward of tax-credit-funded residential assets, serving as a conduit between private capital and public housing policy objectives. The company is structured as a limited liability company (LLC) with no government-recognized certifications on record. It maintains a localized presence in the Bronx, NY, with no indication of multi-jurisdictional operations. Its government market positioning is indirect, functioning as a private entity executing federally subsidized housing initiatives rather than as a contracted service provider to government agencies.