Event Details

Preparing Your LIHTC Project for Year 15

Thursday, May 4th, 2017

9:30 AM - 11:30 AM

Join Enterprise for a training session on preparing your LIHTC Project for Year 15, where Brian Hsu Esq., Partner, will be a speaker on the Year 15 panel.

Year 15 is the last year of the credit period in the lifecycle of Low Income Housing Tax Credit (LIHTC) properties, and generally, LIHTC investors will seek to transfer their ownership interest immediately thereafter. In cases where NYC Dept. of Housing Preservation and Development (HPD) provided tax credits, land, financing, or other subsidies such as real estate tax exemptions, a project may require HPD consent to exit its investor depending on the selected Year 15 strategy. As such, Year 15 is an opportunity for sponsors to recapitalize their projects, sell, and/or extend affordability; and it is never too early to start planning!


The session will be geared toward owners of NYC LIHTC projects in Years 10-15 of their compliance periods.

Please RSVP here

Location

Enterprise Community Partners
One Whitehall St, 11th Floor, Room B4
NY, NY 10004

Panelist

Brian Hsu, Esq., 
Partner, Goldstein Hall PLLC
 
Kerry LaBotz
Director, HPD Year 15 Program
 
Victoria Rowe-Barreca
Director, Enterprise Capital Solutions and Partnerships
 
 

Moderated by

Claire Donnelly  Disposition Manager, Enterprise NY Office

Who Should Attend

Developers, Contractors, Consultants and Housing Enthusiasts

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