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Independent Community Capital

Direct Investment and Financing Solutions for Affordable Housing 

Independent Community Capital provides direct LIHTC equity and financing solutions for the development, rehabilitation, and preservation of affordable housing.
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Capital Built for Community Impact

Integrated equity and financing solutions designed around your development.

Meet The Team

 
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Jason Blain
FVP, Director of Tax Credit Equity and Lending
231.995.5523
 
Mitch Haaksma
 
Mitch Haaksma
AVP Tax Credit Portfolio Manager
616.233.7117

Frequently Asked Questions

Understanding tax credit financing and how we work with development partners.

What is a Low-Income Housing Tax Credit (LIHTC)?

The Low-Income Housing Tax Credit (LIHTC) is a federal program that encourages private investment in affordable housing. Developers receive tax credits to help finance the construction or rehabilitation of qualifying properties, and investors provide equity in exchange for those credits. This structure helps make affordable housing developments financially viable while maintaining long-term affordability for residents.

What types of developments do you invest in?

We focus exclusively on affordable housing developments. This includes new construction, rehabilitation, and preservation of existing properties serving low- and moderate-income residents.

Do you provide both equity and loans?

Yes. We provide direct LIHTC equity investment as well as construction and permanent financing. Our ability to participate across the capital stack allows us to deliver coordinated, efficient financing solutions.

What geographic areas do you serve?

We primarily invest in markets where we have strong relationships and a deep understanding of local housing needs. Our focus is on supporting affordable housing developments within our regional footprint and surrounding communities.

What types of developers do you work with?

We partner with experienced developers, nonprofit organizations, and community-focused sponsors who have a strong track record in affordable housing. We value long-term relationships and work closely with our partners throughout the lifecycle of each project.

What makes your approach different?
We can support your project in three ways: direct investment, construction and permanent debt, and Federal Home Loan Bank AHP grants. This integrated approach simplifies execution, reduces complexity, and allows us to align closely with our development partners.

Ready to connect with a banker?

We are here to assist you with all of your financial needs. Whatever way you prefer to connect, we are here to help.

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