Financing Multi-Family Housing: Structuring the Low Income House Tax Credit and Tax-Exempt Bonds

Documenting Transactions for Investors and Developers

A live 90-minute CLE/CPE webinar with interactive Q&A


Tuesday, December 4, 2018

1:00pm-2:30pm EST, 10:00am-11:30am PST

or call 1-800-926-7926

This CLE webinar will discuss how to utilize Low Income Housing Tax Credits (LIHTCs) and tax-exempt bonds in multi-family construction financing. The program will examine the mechanisms of each form of financing, how each impacts the other, and how current market trends and developments impact these financing vehicles.

Description

The availability of government incentives for multi-family affordable housing projects creates an opportunity for investors, developers and governmental entities.

Tax-exempt bonds and the syndication of LIHTCs are primary tools for developing new affordable housing or rehabilitating existing affordable housing. To qualify for and maintain these incentives, investors and developers must comply with strict requirements.

Counsel structuring multi-family affordable housing transactions must understand the complex rules for qualifying for the LIHTC and how to best leverage tax-exempt bond financing.

Listen as our authoritative panel of real estate practitioners walks you through the process of qualifying for and structuring transactions that utilize the LIHTC to finance multi-family housing projects. The panel will also address structuring tax-exempt bonds to pair with the LIHTC, and the potential effect of proposed corporate tax cuts on the LIHTC market.

READ MORE

Outline

  1. Current opportunities and trends in multi-family affordable housing
  2. Low-income housing tax credits
    1. Requirements for qualification
    2. Income and rent restrictions
    3. 4% credit for acquisition
    4. 9% credit for new construction or substantial rehabilitation
    5. Other structural issues
  3. Tax-exempt bonds
    1. Typical bond structures
    2. Good costs vs. bad costs
    3. 50% financing requirement

Benefits

The panel will review these and other issues:

  • Tax benefits of investing in LIHTC projects
  • LIHTC eligibility requirements/state and federal
  • Common investment structures for LIHTC projects
  • Eligible bonds that can be paired with the LIHTC
  • Tax-exempt bond structures

Faculty

Bowen, Ryan
Ryan Bowen

Senior Counsel
Chapman and Cutler

Mr. Bowen has experience serving as bond and underwriter’s counsel in connection with a variety of bond...  |  Read More

Feller, Brent
Brent L. Feller

Partner
Chapman and Cutler

Mr. Feller is primarily involved in the tax aspects of financings throughout the country, including new money and...  |  Read More

Leonard, Sean
Sean B. Leonard

Partner
Holland & Knight

Mr. Leonard is a member of the firm's Tax Credit Transactions Practice. He focuses his practice on the...  |  Read More

Long, M. Chrysa
M. Chrysa Long

Atty
Klein Hornig

Ms. Long represents investors and developers of complex and multi-tiered projects eligible for federal and state...  |  Read More

Live Webinar

Buy Live Webinar

See NASBA details.

Live Webinar

$297

Buy Live Webinar & Recording
A savings of $200

Live Webinar & Download

$394

Live Webinar & DVD

$394 + $19.45 S&H

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$297

Download

48 hours after event

CPE Not Available

$297

DVD

10 business days after event

CPE Not Available

$297 + $19.45 S&H