LIHTC 301: Advanced LIHTC Financing
LIHTC 301: Advanced LIHTC Financing
January 6, 2016

Registration & Breakfast
8:00-9:00 pm

Welcome & Introduction
9:00-9:15 am

Sources and Uses, Eligible Basis Issues and Taxable Income
9:15-10:30 am
  • Offsite improvements
  • Land vs. land improvements
  • Bond issuance costs
  • Construction/perm loan fees
  • Taxable income

Break
10:30-10:45 am

First Year Credit Calculation, Internal Rate of Return and 704(b) Issues
10:45 am-Noon
  • First year credit calculation
  • Maximizing first year credits, lease up for acq/rehab deals and basis cushion

Luncheon
Noon-1:00 pm

Revenue and Expenses, Equity Market
1:00-2:00 pm
  • Equity market
  • 9% floor

Break
1:50-2:00 pm

Year 15 Options, Historic Boardwalk Case
2:00-3:00 pm
  • Early exit
  • Year 15 exit
  • Qualified contract
  • Resyndication
Share by: