summer 2005

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Contents

A Look Inside...

Investing in Low-Income Housing Tax Credits

How LIHTC Funds Can Help Banks Invest in Affordable Housing

LIHTC Internet Resources

LIHTC Investment Performance

NASLEF Contact Information

Side by Side Investing

Helpful Hints for First-Time Bank Investors in LIHTC

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This Just In... OCC's Districts Report on New Investment Opportunities for Banks
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Investment Resources for Part 24 Authority

Part 24 Resources on the Web

Common Part 24 Questions

CD Investment Precedent Letters

Investments in National/Regional Funds

Fourth Quarter 2005
Part 24 Investments

Regulation and CD-1 Form

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OCC's Community Affairs Department

(202) 874-5556

CommunityAffairs
@occ.treas.gov

Articles by non-OCC authors represent their own views and are not necessarily the views of the OCC.

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National Association of State and Local Equity Funds

c/o Merritt Community Capital Corp.
1736 Franklin St., Suite 600 Oakland, CA 94612
Phone: (510) 986-1350 Fax: (510) 986-1353
info@naslef.org
Web: www.naslef.org

NASLEF Active Members & Contact Information

Chicago Equity Fund/Illinois Equity Fund
Telephone: (312) 943-2266
Fax Number: (312) 943-7994
E-Mail: william.higginson@cefief.com

Community Affordable Housing Equity Corporation
Telephone: (919) 420-0063 x208
Fax Number: (919) 420-0019
E-Mail: dboole@cahec.com
Web: www.cahec.com

Delaware Community Investment Corporation

Telephone: (302) 655-1420
Fax Number: (302) 655-1419
E-Mail: DSchnider1@comcast.net

Garden State Affordable Housing, Inc.
Telephone: (973) 639-7845
Fax Number: (973) 623-5489
E-Mail: jmatara@newcommunity.org
Web: www.newcommunity.org

Great Lakes Capital Fund
Telephone: (517) 482-8555
Fax Number: (517) 482-8598
E-Mail: capmac@capfund.net
Web: www.capfund.net

Hawaii Investors for Affordable Housing, Inc.
Telephone: (808) 532-3114
Fax Number: (808) 524-1069
E-Mail: slsur@lava.net
Web: http://www.hcrc-hawaii.org/

Homestead Capital
Telephone: (503) 276-1555
Fax Number: (503) 276-1563
E-mail: dsp@homesteadcap.com
Web: www.homesteadcap.com

Housing Vermont
Telephone: (802) 863-8424
Fax Number: (802) 660-9034
E-Mail: andy@hvt.org
Web: www.hvt.org

Iowa Equity Fund
Telephone: (515) 280-6000
Fax Number: (515) 288-8443
E-Mail: jhrabe.ief@mheginc.com

Kansas Equity Fund, LLC
Telephone: (785) 267-1901
Fax: (785) 267-1903
E-mail: BCaton.kef@mheginc.com

Massachusetts Housing Investment Corporation

Telephone: (617) 850-1028
Fax Number: (617) 850-1000
Web: www.mhic.com

Merritt Community Capital Corporation
Telephone: (510) 444-7870
Fax Number: (510) 444-7874
E-Mail: BDeasy@merrittcap.org
Web: www.merrittcap.org

Midwest Housing Equity Group, Inc.
Phone: (402) 334-8899
Fax Number: (402) 334-5599
E-Mail: JRieker@mheginc.com
Web: www.mheginc.com

Mountain Plains Equity Group
Telephone: (406) 254-1677
Fax: (406) 869-8693
E-Mail: sterhan@mpequity.com

Northern New England Housing Investment Fund
Telephone: (207) 772-8255
Fax Number: (207) 772-8241
E-Mail: janton@housinginvestmentfund.org

Ohio Capital Corporation for Housing

Telephone: (614) 224-8446
Fax Number: (614) 224-8452
E-Mail: HKeller@occh.org
Web: www.occh.org

St. Louis Equity Fund, Inc.
Telephone: (314) 436-7810
Fax Number: (314) 436-1907
E-mail: TimBarry@slefi.com
Web: www.slefi.com

Virginia Community
Development Corporation

Telephone: (804) 343-1200
Fax Number: (804) 343-1043
E-mail: rnodine@vacdc.org
Web: www.vacdc.org