Getting the Most from your LIHTC Award
Once they have received LIHTC awards - or tax-exempt bond approval in the case of 4% deals - CDCs and other non-profit developers typically conduct a competitive process to select a syndicator or investor with whom to work. This training will look at how to solicit proposals; how to compare the proposals in order to get the best deal for your project, considering pric-ing, reserve and guarantee requirements, buyout provisions, and other factors; and how to negotiate on the points that are most important to your project. An initial presentation by Henry Joseph will be followed by a panel discussion and question-and-answer session.
Note: This is not Tax Credits 101; it assumes a basic understanding of how to use LIHTCs in a project.
Henry Joseph has been working as a housing and community development consultant for more than twenty-five years, specializing in supporting the creation and preservation of affordable housing in inner-city neighborhoods in the greater Boston area. His work has been concentrated in two areas: providing project specific development consulting services to community-based housing development organizations and resident associations and helping to enhance the capacity of these organizations through training and technical assistance.
Online registration for this event is closed. Please contact Mariela Renquist (firstname.lastname@example.org) for more information.