LIHTC developer leveraging 4% tax-exempt bonds through JHFA and FHFC to deliver high-quality affordable housing in high-growth Florida markets.
Zayas Developments LLC is a real estate development company focused on delivering LIHTC affordable housing in Florida's highest-demand workforce corridors. We leverage the 4% tax-exempt bond program through JHFA and FHFC, combining non-competitive credit access with institutional-grade construction capability.
Backed by Zucco Construction's $50M+ Canadian track record and a HNW investor network across Canada, the USA, and Brazil, we bring the capital access, construction execution, and deal structuring experience to close complex tax credit developments from site control to certificate of occupancy.
4% bond-financed deals through JHFA with FHFC credit allocation.
$50M+ Canadian track record via Zucco Construction — cost control from day one.
HNW investor network across Canada, USA, and Brazil for GP/LP equity.
Deep Jacksonville and South Florida market knowledge with active site pipeline.
From site identification through bond closing, construction, and lease-up — we manage the full development lifecycle on every deal.
We identify, underwrite, and secure multifamily-zoned land in Florida's high-demand workforce corridors using purchase option structures that satisfy FHFC site control requirements.
We structure tax-exempt bond deals through JHFA for Duval County projects, accessing 4% federal Housing Tax Credits without competing in FHFC's statewide scoring rounds.
We structure GP/LP syndications offering preferred returns to accredited investors and family offices across Canada, the USA, and Brazil — retaining GP control throughout the deal lifecycle.
Backed by Zucco Construction's $50M+ Canadian track record, we deliver affordable multifamily projects on budget and on schedule — a meaningful cost advantage over third-party GCs.
We design communities for households earning 60–80% AMI — the working families, healthcare workers, and service employees who are increasingly priced out of Florida's rental market.
FHFC's QAP includes dedicated elderly housing set-asides. Our Duval County pipeline includes sites approved for senior residential use — a strong fit for 55+ LIHTC family deals.
A disciplined, phased approach from site identification through lease-up — built around FHFC's requirements and JHFA's bond calendar.
Identify and secure multifamily-zoned land via purchase option agreements satisfying FHFC site control requirements.
Engage JHFA for bond volume reservation, market study, Phase I ESA, and LIHTC consultant engagement.
Submit full 4% non-competitive application with bond purchaser commitment, syndicator LOI, and feasibility pro forma.
Close construction bonds and tax credit equity simultaneously. Zucco Construction begins ground-up build.
JHFA issues bonds independently for Duval County — no statewide volume cap competition, no scoring race. We access the 4% path on a rolling basis throughout the year.
Zucco Construction's $50M+ Canadian track record means we self-perform the GC role — reducing costs, improving schedule control, and demonstrating team credibility to FHFC.
HNW investor relationships across Canada, the USA, and Brazil enable us to raise GP/LP equity where other developers can't — with Portuguese capability for Brazilian capital access.
We maintain a live pipeline of multifamily-zoned sites in Duval County with LIHTC-viable fundamentals — including sites with fully approved site plans reducing entitlement risk.
Why Duval County is our primary development market for 4% LIHTC deals in 2026 and beyond.
We offer accredited investors and family offices structured participation in LIHTC affordable housing deals — with preferred returns, GP oversight, and a 15-year compliance-backed hold strategy.
Limited partners receive a negotiated preferred return on invested capital before the GP participates in upside — protecting downside in a government-subsidized, bond-financed structure.
Zayas Developments retains GP control over development decisions, construction management, and asset management throughout the compliance period and beyond.
Tax credit equity from institutional syndicators (Raymond James, Boston Capital) reduces the LP equity requirement — creating a capital-efficient structure with predictable returns.
We are currently raising capital for our Duval County pipeline. Accredited investors and family offices based in Canada, the USA, and Brazil are welcome to inquire.
Request an Investor PackageWhether you're a landowner, investor, co-developer, or community partner — we welcome the conversation.
50 SW 5th St, Pompano Beach, FL 33060
We respond to all serious inquiries within one business day.