Partnership Agreement Essentials for LIHTC Projects - Developer & Investor Perspectives (TC Series Part I)
About the Training
So, what exactly is the purpose of a limited partnership agreement# (LPA) in project that leverages Low-Income Housing Tax Credit (LIHTC) equity to construct affordable rental housing? Indeed, It is the binding contract that specifies the business terms, conditions, expectations, etc, between the tax credit investor and general partner (often affiliated with the developer). So, if you work in an organization that develops, operates or invests in LIHTC multifamily housing and would benefit from seasoned experts’ insights on the LPA, 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 enlightening discussion between the parties that negotiate the essential contents in the LPA. Learn first-hand how the developer and investor view real and perceived risks and how this can impact equity pricing, capital contributions and much more.