K-1 INFORMATION
Attention Investors: The auditing process for the 2009 Schedule K-1 tax forms is almost complete. The anticipated mail date for these forms is currently March 12th.
Please note:  You will be able to download your Schedule K-1 forms using the link provided below as soon as the information is available. In order to access your K-1 form you will need your assigned American Stock Transfer Investor ID number and the last four digits of the Social Security or Tax ID number assigned to the account. If you seek multiple K-1 forms, you will need to enter all Investor ID numbers filed under each Social Security or Tax ID number. Contact our transfer agent at 888-991-9902 for additional information or 800-283-2357 to be connected to one of our representatives.
Download your 2009 Schedule K-1.
LATEST NEWS DISTRIBUTIONS
Record Date Payable Date Rate
12/31/2009 01/29/2010 $0.125
09/30/2009 10/30/2009 $0.125
06/30/2009 07/31/2009 $0.125
03/31/2009 04/30/2009 $0.135
ANNUAL REPORT

OUR PROCESS

Our directive is investing in tax-exempt revenue bonds, where the proceeds are used to finance the construction, significant rehabilitation, acquisition or refinancing of affordable housing in the United States. We believe we can offer developers an efficient plan of finance through our Direct Bond Purchase Program. This enables the developer to deal directly with the source of financing and reduce the need for additional intermediaries in the process. We offer a low cost solution, reduced risk and a shorter time horizon. Since we're investing for our own portfolio, we can manage the bond process as well.

This reduces the financing timeline significantly as well as reducing costs. The developer can feel more certain about the timing and structure of their transaction and benefit from a fast and seamless plan of execution to closing.