Partnership Agreement Essentials for LIHTC Projects - A Seasoned Asset Manager's Perspective

LEARNING AREA: Real Estate Development
Apr. 2025
17
Partner Events
Birch Island Real Estate Consulting
Online

2:00pm

Duration:

1 hour 30 minutes

Location

Online

Description

What is the purpose of a limited partnership agreement (LPA) in an affordable housing project that uses Low-Income Housing Tax Credit (LIHTC) equity? More importantly, what are the essential LPA terms, conditions, obligations, covenants and responsibilities that you REALLY must understand as a stakeholder in a tax credit partnership? If you work in an organization that develops, operates or invests in LIHTC multifamily housing and would benefit from a seasoned expert's perspective on the LPA or simply have limited experience navigating this essential document, this training is for you.

​Join seasoned tax credit asset manager Vinnie Viola for a 90-minute training that covers the basics of LIHTC partnership agreements. He will review the frequently referenced terms and sections of a typical LPA, considering both the investor limited partner's and general partner's perspectives. Attendees may submit questions for discussion and participate in on-screen polls.​​