Tax credit syndication is the process of connecting investors with portfolios of eligible projects that generate federal or state tax credits. It gives investors access to predictable tax benefits while supporting affordable housing, economic development, renewable energy and other community impact initiatives. U.S. Bancorp Impact Finance creates customized tax credit portfolios tailored to investors’ financial, sustainability and Community Reinvestment Act goals.

A tax credit syndicator structures, manages and administers tax credit investments on behalf of investors. Syndicators help connect investor capital with eligible projects, conduct due diligence, manage investment funds and provide ongoing portfolio oversight. U.S. Bancorp Impact Finance offers Low Income Housing Tax Credit (LIHTC), New Markets Tax Credit (NMTC), Renewable Energy Tax Credit (RETC) and state tax credit investment opportunities through customized portfolios and flexible investment structures.

As one of the nation’s largest and most diversified tax credit syndicators, U.S. Bancorp Impact Finance provides investors predictable tax benefits and risk mitigation opportunities while aligning with sustainability and Community Reinvestment Act goals. Our syndications platform pairs qualified investors seeking after-tax returns with customized tax credit portfolios and delivers expert advice, innovation and tailored solutions across federal and state tax equity markets.

We’re one of the few syndicators offering all three federal asset classes and deliver customized portfolios and flexible structures to meet each investor’s goals. Our offerings include:

• Low Income Housing Tax Credits (LIHTC), which help investors meet financial goals while helping to provide affordable housing to those in need
• New Markets Tax Credits (NMTC), which support job creation, business growth and access to essential community facilities
• Renewable Energy Tax Credits (RETC), which support environmental initiatives and can be structured as traditional tax equity partnerships or transfers under Section 6418 of the Inflation Reduction Act
• Through our state clearinghouse, we also syndicate state tax credits. We can offer stand-alone state tax credit funds and sell various transferable state tax credits in multiple states.

Where available, we can combine fund offerings to include multiple types of federal tax credits and state tax credits.

Our diversified, low-risk pool of tax credit investments can be tailored by asset or project type, dollar amount, geographic location and more to meet specific investor needs. We deliver customized portfolios and flexible structures that align with investors’ financial, sustainability and Community Reinvestment Act goals. We offer a first loss guaranty from U.S. Bank, NA on our syndicated funds, including non-delivery and recapture of tax credits, depending on credit type and investment portfolio.