Webinar: Introduction to the LIHTC Financial Model - Development Costs, Operating Pro Forma & Tax Benefits
About This Training
While the limited partnership agreement is the legal contract for a LIHTC project, the financial model is the roadmap of expectations to which the tax credit developer is held accountable. The ability to navigate the model is an essential skill for asset managers and other project stakeholders. If financial model training is on your professional development agenda for 2017 or you're new to the industry and would benefit from a guided tour of this multi-layered investment tool, then this training is for you.
Join Vinnie Viola, Principal of Birch Island Real Estate Consulting, LLC, and Troy Pohlkamp, Senior Director of Asset Management & Underwriting at Red Stone Equity Partners, for a 90-minute webcast that examines key assumptions and exhibits in a typical tax credit financial model. The interactive training will examine 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. Attendees can participate in a series of polls and submit questions for discussion during the training.
The webcast will also include a series of '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.
At the completion of training, attendees will be able to
Is This Training for Me
This training is designed for stakeholders of LIHTC projects that would benefit from a guided tour of how the many inputs and exhibits to a typical investment model drive key outputs, mainly tax benefits, cash flow and residual value. The webcast is ideal for:
A basic understanding about the LIHTC program and real estate financial analysis is recommended