Why Does My Tax Lawyer Keep Saying We Need Nonrecourse Debt for My Low-Income Housing Tax Credit Project

[...]the Partnership owning the tax-exempt bond financed building will need to find other sources of funds to make up the much lower equity the Investor will invest due to receiving $5,710,000 less LIHTC. In addition to having more debt and more minimum gain, tax-exempt bond transactions also have s...

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Veröffentlicht in:	Journal of Affordable Housing & Community Development Law 2018-12, Vol.27 (2), p.435-442
1. Verfasser:	Graff, Glenn A.
Format:	Artikel
Sprache:	eng
Schlagworte:	Buildings Construction costs Equity Finance Housing Housing development Laws, regulations and rules Liability Limited liability companies Limited partnerships Low income groups Low income housing credit Low income housing tax credit Management Nonrecourse debt Present value Public housing Tax credits Taxation
Online-Zugang:	Volltext
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