Introduction to the LIHTC Financial Model - Developer & Syndicator Perspectives (TC Series Part II)
About This Training
While the limited partnership agreement is the legal contract for a Low-income Housing Tax Credit (LIHTC) project, the financial model is the roadmap of expectations to which the tax credit developer and investor are held accountable. The ability to navigate the model is an essential skill for all project stakeholders. If financial model training is one of your 2018 professional development goals or if you're new to the tax credit industry and would benefit from an overview of this multi-layered investment tool, this training is for you. Join host Vinnie Viola and special guests Lewis Brown of Vesta Corporation and Troy Pohlkamp of Red Stone Equity Partners for an insightful and engaging training on the key assumptions and exhibits in a typical tax credit financial model. Combining the developer and investor's perspectives, the the training examines development sources & uses, depreciable & eligible basis, income & expense drivers and make-up of overall investment yield for a fictitious project known as Jackman Village Apartments, LP. The training also include several 'what if' scenarios to illustrate how seemingly small variances from initial underwriting can adversely impact a LIHTC project's operations, expected investor benefits and capital contribution amount.