AURA has multiple distribution options and is uniquely positioned to invest in tax credits in three distinct ways:
- Traditional Syndication:
AURA structures funds with corporate investors to invest in tax credit partnerships that own affordable housing projects. A distinguishing characteristic of the AURA program is the ability for affiliates to co-invest alongside nonaffiliated investors, which very few competitors can offer. AURA constructs both multi-investor and proprietary funds to meet highly specific investment parameters, both economic and CRA.
- Direct Investment:
AURA invests on a direct basis for its affiliate clients where it has the ability to pursue large transactions, more complex structures, mixed income projects, as well as projects with layered financing.
Having the corporate resources and multiple distribution opportunities gives AURA the flexibility to meet the needs of a variety of investors, including insurance companies, banking institutions, technology firms and other C-Corporations.