Investment opportunities may include (i) multifamily rental housing financed under the federal government's Low Income Housing Tax Credit (“LIHTC”) program and (ii) urban multifamily real estate opportunities. Avanath will seek to acquire LIHTC portfolios and/or individual developments located in metropolitan markets that exhibit strong economic and multifamily fundamentals. LIHTC and other tax credit investments will largely be driven by the acquisition of existing general partnerships. In addition, Avanath intends to invest in, develop, redevelop and/or reposition well-located urban properties, particularly in areas underserved by institutional capital.