Reliability ● Creativity ● Results
Building Sustainable Affordable Housing Since 1986
Michel Associates Ltd. has sponsored 40 Tax Credit limited partnerships, with total capitalization exceeding $1.1 billion. Our firm specializes in the development and management of affordable housing for families, seniors, and individuals with special needs, across urban (27%), suburban (29%), and rural (44%) communities.
Our portfolio reflects enduring partnerships, with more than 66% of projects originating from repeat development partners. The majority of our properties benefit from federal, state, or local support—including soft debt, rent subsidies, below-market mortgage financing, and real estate tax relief—ensuring sustainable operations and long-term economic viability.
Led by an experienced management team, Michel Associates Ltd. applies strategic, results-driven decision-making to achieve superior outcomes. Our investor-focused approach has consistently delivered above-market yields. All tax credit investments are supported by industry-standard guarantees, and our partnership structure facilitates the efficient deployment of reserves throughout the compliance period.
Contact Us
NORTH EASTON, MA
Michel Associates, LTD.
50 Oliver Street
Suite 201 B
North Easton, MA 02356
(617) 261-4646
WOBURN, MA
Michel Associates, LTD.
10 Cedar Street
Suite 37
Woburn, MA 01801
(617) 261-4646
What We Offer
Michel Associates Ltd. enters into an Asset Management Agreement with each Operating Partnership. The services we provide include, but are not limited to, the following:
Conduct site inspections and provide reports regarding construction, occupancy and maintenance of the physical appearance of the Apartment Complex.
Monitor the Operating Partnership compliance with the provisions of Section 42 of the Code and, as applicable, Section 47 of the Code.
Monitor the Operating Partnership reporting of operational results of the Apartment Complexes in the form of quarterly occupancy, cash receipts and cash disbursements reports and other books of account.
Assist the Operating General Partner in preparing and providing to the Limited Partner the reports required under the Investment Partnership Agreement.
Review the tax returns prepared by the certified public accountants of the Operating Partnership, and provide the Investment Partnership with the required annual tax information.
