All-to-all homogeneous networks of inhibitory neurons synchronize completely under the right conditions; however, many modeling studies have shown that biological levels of heterogeneity disrupt synchrony. Our fundamental scientific question is "how can neurons maintain partial synchrony in the presence of heterogeneity and noise?" A particular subset of strongly interconnected interneurons, the PV+ fast spiking basket neurons, are strongly implicated in gamma oscillations and in phase locking of nested gamma oscillations to theta. Their excitability type apparently varies between brain regions: in CA1 and the dentate gyrus they have type 1 excitability, meaning that they can fire arbitrarily slowly, whereas in the striatum and cortex they have type 2 excitability, meaning that there is a frequency threshold below which they cannot sustain repetitive firing. We constrained the models to study the effect of excitability type (more precisely bifurcation type) in isolation from all other factors. We use sparsely connected, heterogeneous, noisy networks with synaptic delays to show that synchronization properties, namely the resistance to suppression and the strength of theta phase to gamma amplitude coupling, are strongly dependent on the pairing of excitability type with the type of inhibition. Shunting inhibition performs better for type 1 and hyperpolarizing inhibition for type 2. Gamma oscillations and their nesting within theta oscillations are thought to subserve cognitive functions like memory encoding and recall; therefore, it is important to understand the contribution of intrinsic properties to these rhythms. Significance Statement The collective, synchronized activity of neurons produces brain rhythms. These rhythms are thought to subserve cognitive functions such as attention and memory encoding and retrieval. We focus on fast spiking basket cells, a subset of inhibitory interneurons. These neurons play an important role in brain rhythms. In some brain regions these neurons can fire arbitrarily slowly (type 1 dynamics) whereas in others they cannot fire below a minimum cutoff frequency (type 2 dynamics). We show that excitability type determines whether shunting or hyperpolarizing inhibition more effectively synchronizes the fast oscillatory activity of networks of these neurons in the presence of heterogeneity and noise, and more effectively drives modulation of fast activity by slower oscillations.