LIHTC Development
Experienced in 4% LIHTC development, with 9% opportunities screened and scored against state QAPs. We pursue development opportunities through co-development and partnership structures.
Experience
10+ Years
Closed Transactions
4% LIHTC
Markets
Sunbelt & Midwest
What We Do
We focus on LIHTC development through co-development and partnership structures in the Sunbelt and select Midwest markets.
Experienced in 4% new construction and acquisition/rehabilitation transactions across multiple markets.
We screen and score 9% opportunities against state QAPs using proprietary tools. Our closings are in 4%; the underwriting, structuring, and application discipline carry directly across.
We pursue development opportunities through co-development and other partnership structures with experienced partners.
About Albert Vernon
Albert Vernon is a LIHTC development company focused on 4% tax credit development in the Sunbelt and select Midwest markets, and on screening 9% opportunities against state QAPs.
We pursue development through co-development and partnership structures, bringing practitioner-level experience to every transaction.
Identify opportunities and perform rigorous financial analysis across target markets.
Navigate entitlement processes and secure public support for development projects.
Navigate tax credit applications, debt and equity sourcing, and transaction closings.
Oversee construction through completion and manage lease-up to stabilization.
4% LIHTC · Tax-Exempt Bonds · HUD · HOME · State & Local Programs
Sunbelt · Midwest
Principal
Dylan Klopp brings 10+ years of experience in affordable housing development. Prior to founding Albert Vernon, he held a senior development role at one of the largest affordable housing developers in the country.
His experience spans the full development lifecycle: site sourcing, underwriting, tax credit applications, debt and equity closings, construction oversight, and lease-up. He has closed 4% LIHTC transactions and sourced 9% opportunities across the Sunbelt and Midwest.
Klopp founded Albert Vernon to focus on LIHTC development in those markets. The firm specializes in 4% new construction and acquisition/rehabilitation, and screens 9% opportunities against state QAPs for co-development and partnership pursuits.
Klopp is a graduate of Northeastern University and serves as a Board Director for MY Credit Union.
Common Questions
Our closing experience is in 4% LIHTC — new construction and acquisition/rehabilitation with tax-exempt bond financing. We also pursue competitive 9% opportunities, screened and scored against state QAPs with proprietary tools, and support 9% applications as a partner or owner’s representative.
We focus on Sunbelt and select Midwest markets, where our principal has closed 4% LIHTC new construction, acquisition/rehabilitation, and resyndication transactions.
We pursue development through co-development and other partnership structures. We bring practitioner-level experience to every transaction and work with established partners across our target markets.
Our experience spans the full development lifecycle: site sourcing, underwriting, tax credit applications, debt and equity closings, construction oversight, and lease-up to stabilization.
Executed: 4% LIHTC, tax-exempt bonds, HUD programs, HOME funds, and a range of state and local financing programs. Pursued and analyzed: competitive 9% LIHTC.
Contact
For development opportunities or general inquiries, please reach out using the form or contact information below.
dylan.klopp@albertvernon.com · 214.960.2750
Dallas, Texas