Five Reasons To Consider LIHTC For RAD Transactions

1.  Lack of Debt Service Constraints: Most RAD transactions have fixed debt service constraints based on existing capital and operating fund income. LIHTC allows additional funding for repairs.

2.  Development Fee: Many transactions allow for a development fee which can be used for a variety of uses.

3.  Build Additional Units: LIHTC can fund the construction of additional units and buildings.

4.  Grants: Many LIHTC transactions are eligible for additional funding and grants including Home funds as well as a variety of local and state grants.

5.  Public Private Partnerships: LIHTC creates synergy by providing an incentive for corporations, banks, non-profits and developers to work together to improve neighborhoods.

Leave a Comment

Your email address will not be published. Required fields are marked *