Red Flags at Year 15: Dealing with difficult limited partner exits in LIHTC projects
Limited partners in tax credit properties are supposed to quietly fade into the sunset at Year 15, right? Maybe not. A new breed of economic investors has been purchasing limited partner interests from the initial limited partners with a goal of ‘cashing out’ at Year 15. National expert David Davenport will describe the Year 15 red flags for non-profit owners of tax credit properties. Local attorneys and CDC leaders will describe problems that Massachusetts non-profits have been facing at Year 15.
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Citizens' Housing and Planning Association (CHAPA) will be video recording this virtual meeting, so that we and Community Economic Development Assistance Corporation (CEDAC) can share vital information learned from this meeting with a wider audience. CHAPA and CEDAC reserve the right to use the video recording taken at this event without the expressed written permission of those included within the video. CHAPA and CEDAC may use the video in publications or other media material produced, used, or contracted by CHAPA and CEDAC.