Developing Companies and Communities: The Story of Kalel Companies’ Early Success

In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton shares the inspiring story of Kalel Companies. What started as a one-person development shop focusing on the preservation and creation of affordable housing in the New York City area has quickly grown to a team of eight with a portfolio of 4,000 units and $2.3 billion in development costs. Kalel also leverages HTCs as part of its financing toolkit, further supporting its mission to revitalize communities.