Penn Plaza Pavilion

LIHTC & Affordable Housing

Learn the strategies behind these amazing programs

As jobs and populations of cities continue to surge, finding enough affordable housing is a huge challenge. To alleviate the housing crunch, the federal government created a program designed to dramatically increase the number of affordable housing units - known to the world as LIHTC.

Nearly 100,000 affordable units per year are financed and built through the LIHTC program, which generates a staggering $3.5 billion in tax revenue.  

LIHTC deals work very differently than traditional projects. That's why its more important than ever to learn the ins and outs of LIHTC at this event.

February 5, 2020

THE FLAT NYC - 23 W24TH ST

3:30 - 5:00 PM 

  • Get a high level understanding of how the LIHTC program operates
  • What potential risks are there in a LIHTC-financed project?
  • How developers design their projects to be in compliance with the program
  • Can an underperforming asset be converted to affordable housing?

Stuart Portney

Founder
The Metro Company LLC

Kelly B. Bissinger

Partner
Vorys Washington

Paul Connolly

Executive Vice President R4 Capital

Courtney Horwitz

Principal
Strada Ventures LLC

Shawn Bolour

Principal
The Bolour Movement 

Agenda:

3:30 - Registration/Refreshments
4:30 - LIHTC Panel Presentation

Panel outline

Panel One: How allocation of LIHTC works (attorney – chair)
Panel Two: Maintaining Profitable Projects with LIHTC (Developer, syndicator)
  • How the LIHTC program works, from Start to Finish
  • Financing the project - LIHTC Tax Credit equity + debt
  • 15+ year period of affordability
  • Rehab/Resyndication after the 15 year affordability period
  • Organizational Structure of a Deal - For profit & non-profit
  • The unique Risk/Reward balance of LIHTC projects
  • What happens if...?
  • How investors capture profits from these deals
  • Converting an asset from traditional to affordable - land, owners, hotel
  • Can LIHTC be the answer for NYC hit with new Rent Regulations?
  • How the LIHTC program works, from Start to Finish
  • Financing the project - LIHTC Tax Credit equity + debt
  • 15+ year period of affordability
  • Rehab/Resyndication after the 15 year affordability period
  • Organizational Structure of a Deal - For profit & non-profit
  • The unique Risk/Reward balance of LIHTC projects
  • What happens if...?
  • How investors capture profits from these deals
  • Converting an asset from traditional to affordable - land, owners, hotel
  • Can LIHTC be the answer for NYC hit with new Rent Regulations?

FEBRUARY 5, 2020

3:30pm

For more information, call
 718-215-5198

CLE Accreditation: National Academy of Continuing Legal Education
NY - 1.0 Areas of Professional Practice - this program is Transitional
and Non-Transitional
NJ - 1.0 General Credit