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The U.S. Government Accountability Office recently published a report investigating the role of syndicators in the Low Income Housing Tax Credit industry. GAO was asked to provide information on their involvement in the LIHTC market. This report describes: (1) the characteristics of active syndicators and their activity in the LIHTC market in 2005-2014; and (2) the role syndicators play in the LIHTC market and factors that influence their use.