Our team of experienced advisors can help you navigate the complexities of Low-Income Housing Tax Credits (LIHTCs) and other tax credit-qualified investments with the knowledge and insight you need to make decisions with confidence. From land purchases through construction and development, our construction financing experience helps you optimize every project.
LIHTC incentives can help with the acquisition, construction, and rehabilitation of affordable housing. Comerica offers construction loans for new developments as well as bridge loans.
Our dedicated team will guide you in every step of the loan process. As a full-service bank, in addition to financing solutions Comerica also has a full range of capabilities, including cash and treasury management solutions, foreign exchange services and personal wealth management.
Dedicated to our communities
American Community Developers and Comerica Bank joined forces in 1992 with the goal of offering affordable housing to the families and communities we serve. We’ve both remained committed to this shared vision through the decades of helping our local neighborhoods, and recently completed a project in Detroit, Michigan.
Andrew Wong
SVP, Community Development Finance Group
Community Development Banking
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