Tax Credit Lending:
Our tax credit team works with developers, nonprofits, consultants, syndicators and housing authorities. Our work includes community development real estate projects that receive Low Income Housing Tax Credits (LIHTCs), New Markets Tax Credits (NMTCs)
and other economic incentives.
First Merchants Bank offers commercial real estate loans for the purchase, rehab, construction and tax credit equity bridge financing of affordable housing properties. We will also act as an investor in these properties through direct investment in an
individual project or through a third-party syndicator. Additionally, as a member of the Federal Home Loan Bank, we will work with developers to help secure grant funding for qualified projects.