The low-income housing tax credit (LIHTC) program began with the 1986 tax reform legislation enacted by congress; Section 42 of the Internal Revenue Code. Since that time, literally billions of dollars of equity investment capital has been invested across the country in the development or rehabilitation of low-income, affordable housing projects.

Mountain Plains Equity Group, Inc. (MPEG) is known in the industry as a "syndicator" of tax credits. As a syndicator, we establish and manage an equity fund for the benefit of our investors. This equity fund functions as an investment pool, with invested capital allocated among select low-income housing projects. This equity fund provides investment capital to project developers, offering a marketplace for the exchange (or sale) of tax credits awarded to qualified projects.

In short, we buy the tax credits - and these credits are then passed through to our investors. These low-income housing tax credits are applied as a dollar-for-dollar reduction of an investor's federal income tax liability. Institutional investors typically serve as the source of investment capital for such equity funds, including Fannie Mae, C-corporations, national and state-chartered banks.

By purchasing tax credits from project developers under strict underwriting and investment criteria, our equity fund is designed to provide sound economic benefits and a reliable rate of return to our investors. And of course, as an added benefit, our investors often earn local recognition and notoriety for making a worthwhile investment in the community.

Should your company or organization invest with MPEG?  In deciding whether our equity fund meets your investment objectives, it is important to know that MPEG investors are all-in cash investors. Such investors contribute their entire pledged amount into the equity fund over time through a series of capital calls. 

The Private Offering Memorandum for our most recent equity fund is available for review and includes a detailed discussion of all aspects of the investment.  Please call the MPEG office for more details.