Tax Credit & Incentive Programs

Unlock $15K - $150K+ in Annual Tax Benefits

Partnership with Smart Step Inc. opens doors to federal, state, and local tax incentives that dramatically improve your property's financial performance.

$4.8M+
Total benefit potential for a
30-unit multifamily property
Get Free Tax Assessment Explore Programs

Federal Credits

LIHTC, Historic, Opportunity Zone, Energy

State & Local

Property tax abatements & exemptions

Depreciation

Accelerated cost segregation benefits

Grants & Financing

HOME, CDBG, soft financing access

Federal Tax Credit Programs

The Gold Standard of Housing Incentives

Access billions in annual federal tax credit authority through Smart Step partnership.

Low-Income Housing Tax Credit

The Most Powerful Affordable Housing Incentive

The LIHTC program provides approximately $10 billion annually in tax credit authority—and Smart Step's track record and relationships dramatically increase your approval likelihood.

  • Access to Credit Allocation 87% approval rate vs. industry average of ~40%
  • Syndication Expertise Convert credits to upfront capital through our investor network
  • 15-Year Compliance Management Handled entirely through EvictIQ integration
  • Basis Maximization Deal structuring to maximize qualified basis and credit amounts

LIHTC Benefit Calculator

Example calculation for a typical property

20-Unit Multifamily Property
Qualified Basis $2,000,000
Credit Rate (4%) × 4%
Annual Credit $80,000/yr
Credit Period × 10 years
Total Credit Value $800,000
This credit can be monetized through syndication at ~$0.90/credit, providing upfront capital for property improvements.

Federal Historic Tax Credits

For Properties with Historical Significance

If your property is listed on the National Register of Historic Places or in a designated historic district, the Federal Historic Preservation Tax Credit offers substantial benefits.

  • 20% Federal Credit Of qualified rehabilitation expenditures
  • State Credits (10-25% additional) Many states offer additional historic credits
  • 100% NPS Approval Rate 23 successful applications managed by Smart Step
  • LIHTC Combination Stack with LIHTC for maximum benefit

Historic Credit Calculator

Example for building rehabilitation

Historic Building Rehabilitation
Rehabilitation Cost $500,000
Federal HTC (20%) $100,000
State HTC (15%) $75,000
Total Credit Benefit $175,000
Smart Step handles NPS applications, documentation, and syndication for all historic credit projects.

Opportunity Zone Tax Benefits

For Properties in Designated Zones

If your property is in a federally designated Opportunity Zone, partnership with Smart Step can unlock extraordinary tax benefits through our QOF structuring expertise.

  • Capital Gains Deferral Defer taxes until 2026 through QOF investment
  • 15% Gain Reduction 7-year hold reduces deferred gain by 15%
  • 100% New Gains Exclusion 10+ year hold excludes all new appreciation
  • QOF Formation Smart Step structures compliant Qualified Opportunity Funds

OZ Benefit Structure

Three-tier benefit timeline

$500,000 Capital Gain Investment
Immediate Deferral $500,000
7-Year Reduction (15%) -$75,000
Taxable After 7 Years $425,000
10+ Year New Gains 100% Tax-Free
Our permanent affordability model aligns perfectly with 10+ year OZ hold requirements.

Section 45L Energy Credits

Expanded Under the Inflation Reduction Act

The Inflation Reduction Act significantly expanded energy efficiency credits for affordable housing construction and substantial rehabilitation projects.

  • $5,000/Unit (ENERGY STAR) With prevailing wage compliance
  • $10,000/Unit (Zero Energy Ready) Maximum benefit with prevailing wage
  • Tenant Utility Savings ~$1,200/unit/year in reduced energy costs
  • Green Building Grants Access additional sustainability funding

Energy Credit Calculator

Zero Energy Ready rehabilitation

20-Unit Zero Energy Ready Rehab
Number of Units 20
Credit per Unit × $10,000
Total 45L Credit $200,000
Additional benefits: increased property value, enhanced marketability, and access to green building grants.

Partnership Advantage

What You Can't Access Alone

See the dramatic difference partnership makes in accessing tax benefits.

Tax Benefit Individual Owner Smart Step Partner
LIHTC Access Full access + syndication
Historic Credits Complex Streamlined + compliance
Opportunity Zones Requires QOF Structured for compliance
Property Tax Abatement Limited eligibility Partnership qualifies property
HOME/CDBG Funds Track record of awards
Cost Segregation Expensive alone Included in partnership

Real World Example

30-Unit Multifamily Case Study

See how stacked incentives create extraordinary value.

Riverside Commons Partnership

30 Units $3.5M Value Opportunity Zone Historic District
Total Partnership Benefit
$4,807,000+

Upfront Capital Generated

LIHTC Syndication $1,512,000
Historic Credits $420,000
Energy Credits $150,000
Subtotal $2,082,000

Annual Ongoing Benefits

Property Tax Savings $52,500/yr
Depreciation Benefits $25,000/yr
30-Year Total $2,325,000
Annual $77,500/yr

Long-Term Benefits

OZ Gains Exclusion $400,000+
Capital Gains Deferral $150,000
Cost Seg Acceleration $66,600
Subtotal $616,600
No Cost • No Obligation • 5 Business Days

Get Your Free Tax Benefit Assessment

Discover exactly how much you could save through Smart Step partnership with our complimentary analysis.

Eligibility Screening

All major federal, state, and local programs

Benefit Projections

5, 10, and 30-year financial modeling

Structure Recommendation

Optimal partnership model for your goals

Request Your Tax Benefit Assessment

Getting Started

Your Path to Tax Benefits

A clear, straightforward process to unlock your property's incentive potential.

1

Submit Partnership Inquiry

Tell us about your property in our simple online form. Takes about 5 minutes.

2

Receive Tax Benefit Assessment

Within 5 business days, get a detailed analysis of all available incentives for your property.

3

Review Partnership Options

Meet with our team to discuss findings and explore the best structure for your goals.

4

Execute Partnership Agreement

Finalize terms and begin the formal onboarding process.

5

Begin Tax Credit Applications

Smart Step manages all applications, compliance, and investor coordination.

6

Access Benefits, Transform Community

Watch the value flow while your property makes lasting community impact.