Our History
Stateside Capital, LLC was one of the first companies formed in Georgia for the sole purpose of acquiring Georgia State Affordable Housing Tax Credits and to syndicate such tax credits. Our principals and owners have been active with the Low-Income Housing Tax Credit (“LIHTC”) Program since the creation of the Tax Reform Act of 1986.
Stateside Capital has syndicated more than 50 tax credit developments. Stateside Capital launched its first Georgia tax credit fund (Stateside Georgia Tax Credit Fund I, LLC) in January 2005. As of December 31, 2010, Stateside Capital has syndicated almost $250,000,000 of Georgia Credits. By extension, Stateside Capital’s equity investments in affordable housing properties have resulted in the development of approximately 6300 apartment homes throughout the state of Georgia while working with 18 different developers.
With our staff and numerous professional alliances, Stateside Capital is constantly investigating Tax Incentives on multiple State and Federal levels.
Our Philosophy
"Over and over the courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible… for nobody owes any public duty to pay more tax than the law demands; taxes are enforced exactions, not voluntary contributions." ~ Judge Learned Hand
