We are the largest national provider of surety bonds for multi-family developers, many of whom are AHF Top 50. Clients include vertically integrated LIHTC developers, self-performing public housing authorities (PHAs), and stand-alone GCs.
Our largest clients have single job limits of $70,000,000 with aggregate surety lines above $500,000,000. We also service LIHTC developers that have avoided P&P bonds in the past and are first time users of surety.
We excel on 4% & 9% deals, state-based programs, HUD insured mortgage projects, i.e. 221 (d) (4) & USDA RD. We avoid taking collateral and there are -no- restrictions on Identity of Interests. Premiums are structured to compete against bank LOC rates.
As a surety agency, our relationship is with our clients who rely on us to provide proper surety support at the exact juncture when needed. It is also our job to protect our valued underwriting companies. Because each of our carefully selected bonding companies are on the Treasury List of Approved Sureties (Circular 570), we maintain integrity at all levels.
Get in touch with LIHTC practice leader Matthew Clarke to facilitate your bond: mc@cigbonds.com
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We are seasoned surety experts and everyday, we put those years of experience to work for you.
Hundreds of contractors rely on us for their bonds.
Let us do the same for you.
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