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Product ID: 403944EAU
 
Credit & Course Provided by:

Multifamily Project Finance and Development

OnDemand Webinar (103 minutes)

Gain an understanding of funding sources by category and how those funds are administered.Affordable housing is an ever growing, ever changing field of real estate development, redevelopment and financing. The sea of federal, state, conventional banking and private financing options makes understanding where the money will come from one of the first and highest hurdles for any affordable housing developer to overcome. This material offers an overview of a panoply of funding sources by category and you will gain an understanding of how those funds are administered. The course will also take a look at noncash sources of financing and discuss commonly coupled programs.

Authors

Treasa J. Burke, Faegre Drinker Biddle & Reath LLP

Agenda

Background on Affordable Housing Funding

• Timeline of Federal Programs - HUD, LIHTC

• How Big Is the Problem Now?

• 2021 Federal Funding

Federal Funding Sources

• Major Programs - High Level; Source and Distribution Mechanism

• Drill Down on Major Subprograms and What Types of Projects They Are Used for

State Funding Sources

• Common Funding Programs - High Level; Source and Funding Mechanism

• Drill Down on Exemplar State Programs

Local Funding and Incentives

• High-Level Discussion of Major Funding and Incentive Programs

• PILOTs Example

Additional Funding Options and Considerations

• Predevelopment Financing and Conventional Financing

• Related Programs Overview - OZ, NMTC, Historic TC, Energy Credits

• Mixing Funding Sources - Compatibility