LIHTC 301: Advanced LIHTC Financing - Dec. 2, 2015

Wednesday, December 9, 2015 - 3:00pm

« Back to Novogradac 2015 Tax Credit Housing Finance Conference

Cost with conference registration: $295
Workshop only: $395

Agenda

8-9 a.m.Registration and Breakfast
9-9:15 a.m.Welcome & Introduction
9:15-10:30 a.m.Sources and Uses, Eligible Basis Issues, and taxable income
  • Offsite improvements
  • Land vs. land improvements
  • Bond issuance costs
  • Construction/perm loan fees
  • Taxable income
10:30-10:45 a.m.Break
10:45 a.m.-Noon

First year credit calculation, internal rate of return, and 704(b) issues

  • First year credit calculation
  • Maximizing first year credits, lease up for acq/rehab deals and basis cushion
Noon-1 p.m.Luncheon
1-1:50 p.m.

Revenue and expenses, equity market

  • Equity market
  • 9% floor
1:50-2 p.m.Break
2-3 p.m.

Year 15 options, Historic Boardwalk case

  • Early exit
  • Year 15 exit
  • Qualified contract
  • Resyndication