AH227 Using Bonds to Finance Affordable Housing DevelopmentLow-cost, tax-exempt financing for capital improvement projects through tax-exempt revenue bonds is an increasingly valuable option for many community groups. Although complex, tax-exempt bond financing affords qualified nonprofits the opportunity to develop affordable housing without depleting cash reserves or paying the higher costs of traditional debt financing. This class covers the basics of tax-exempt bond financing, the kinds of relationships a nonprofit must establish with local government, the legal intricacies and the risks involved. Examine several case studies of successfully placed bonds that have financed low-income housing. Recommended for experienced community developers, project financing staff and rehab specialists.Course length: 2 Days Tuition: $ 460 Course counts toward a professional certificate: Yes |
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