This course utilizes the elements taught in Introduction to Affordable Housing to put together a financing plan. By the end of this course, students should be able to structure an Affordable Housing transaction utilizing bonds, LIHTC, and additional subsidies. The students will utilize term sheets from NYC for structuring purposes. While some of the items will be unique to NYC, the knowledge of structuring a transaction can be applied in every state and locality throughout the country, as well as abroad since the overriding rules, regulations, and tools are dictated by the IRS and other governmental entities.  
Continuing Education Units (CEU) : 1

You'll walk away with

• The knowledge of programs offered by government agencies to subsidize transactions and how these programs also dictate specific agencies' policies.
• Ability to utilize the knowledge from Introduction to Affordable Housing to structure an actual transaction.
• Recognition of how to create cash flow models for an Affordable Housing project.