MBA LIHTC Committee Update

Slides:



Advertisements
Similar presentations
IPED Tax Credit Property Disposition 2008: Obligations and Opportunities Through Year 15 and Beyond Boston, Massachusetts, November 20-21, 2008 HUD Issues.
Advertisements

Preserving Multifamily Housing
#MAMConf14 Alternative Debt Financing Options October 14, 2014 Philip S. Rachels – Senior Vice President, Debt & Structured Finance CBRE | Capital Markets.
Preservation: HUD’s Re-Development Program Can be Part of Your Preservation Plan July 28-30, 2014 Hilton Hotel Austin, TX.
Tax Exempt Bonds 1 Bonding 101 – Tax-Exempt Bonds as a Way to Finance Your Projects Vince O’Donnell, Vice President of Affordable Housing Preservation.
Rural Housing Service Multi-Family Housing Program Overview NCSHA’s HFA Institute Conference Washington, DC January 15, 2015.
1 INNOVATIVE MULTIFAMILY DEVELOPMENTS: REHABS, RENOVATIONS, AND NEW CONSTRUCTION Governor’s Housing Conference September 27, 2013 Chickie Grayson President.
Affordable Housing & the 223(f) Low- Income Housing Tax Credit (LIHTC) Pilot Program Recent Updates and Highlights Prepared by Laura Stutzman, Senior Underwriter.
Office of Multifamily Housing Update to NCSHA Housing Institute Priya Jayachandran Acting Director, MF Program Administration Ofc January 15, 2015.
Joe Crisafulli, Boston Hub Director NCSHA Conference 10/20/14 1.
Real Estate Valuation. Real Estate Valuation: Market Comparison Approach.
Affordable Housing Preservation Summit An Overview of Financing and Servicing Options. Wells Fargo Bank Reine Yazbeck.
U.S. Dept. of Agriculture Rural Development 538 Program Offering Financial Advice and Solutions to Health Care, Senior Living, and Housing Providers. Brian.
NALHFA 2011 Educational Conference Hotel Nikko, San Francisco, CA
Expanded Flexibilities for RAD: Key Changes in the Revised RAD Notice July 16, 2013.
Tapping Into Other Funding Sources A Presentation for NCDA’s 2013 Winter Conference Washington, DC January 30 – February 1, 2013.
Highest Producing Multifamily Sellers of Manufactured Housing Communities Freddie Mac Multifamily congratulates: Walker & Dunlop PNC Bank Wells.
Multifamily Financing Programs Jim Weglarz Assisted Projects Session Manager of Business Development, Multifamily Finance December 3-4, 2012.
FHA Lending & RAD Susan Hall, CEO of HCM Sheri Davis, Deputy Chief UW of HCM July 30, 2014 Highland Commercial Mortgage
Agent Alternatives Heartland Financial Services, LLC August 20, 2012.
Welcome 1 Southern Mortgage Advisory Council. 2 Firm LIHTC Project commitments in FY14 Doubled those in FY13 FHA LIHTC Volume
RAD-All the Latest News! Texas Housing Conference July 28-30, 2014 Hilton Hotel Austin, TX.
2012 NC-CCIM Charlotte Commercial Real Estate Market Forecast “Financing for Commercial Real Estate”
Grandbridge Real Estate Capital North Carolina CCIM — 2011.
Tax Exempt Bonds with 4% Low- Income Housing Tax Credits September 3, 2014 Presented by: KENT S. NEUMANN, ESQ. (202) EICHNER.
The transformation of Alternative Financing and its move to the mainstream Jim Fink Director of Strategic Partnerships RapidAdvance.
MBA Economic and Mortgage Finance Outlook Prepared for NCSHA Annual Conference September 29, 2015 Mike Fratantoni Chief Economist MBA.
1 Hot Topics Mary AndersonHUD Chicago Cortney MauldinLove Funding Ed TellingsRED Mortgage Capital MIDWEST LENDERS CONFERENCE June 18 th 2013.
Midwest Lenders Association Conference Federal and State Tax Credit Programs October 13, 2015.
Tax Exempt Bond Options In North Carolina. Two Tax Exempt Bond Programs – Acquisition/Mod-Rehab Deals FHA 223(f) LIHTC Pilot – New Construction/Substantial.
Multifamily Financing Frontiers FFB Risk Sharing Karen E. Kelleher NCSHA Annual Conference & Showplace Nashville, September 28, 2015.
Update on LIHTC Programs and RAD Midwest Lenders Conference Chicago, IL Wednesday, October 14, :15 – 12:00 noon Presented by: Rebecca Arthur, MAI.
Rental Assistance Demonstration HUD Office of Public & Indian Housing Conference Meridian, Mississippi, April 23, 2012 Vincent O’Donnell Vice President,
Wild Dunes Resort, Charleston, SC October 1, 2014.
Midwest Lenders Association LIHTC Workshop July 6 th -7 th, 2016 Chicago, Illinois.
LIHTC Loan Processing and the New Chapter 14
U.S. Department of Housing & Urban Development
MidWest Lenders Conference September 27, 2017
Midwest Lenders’ Conference July 6, 2016 Dan Sullivan, Acting Director Multifamily Production, HUD HQ.
Midwest Regional update: LIHTC Pilot and RAD
WMAC Conference September 18, 2017
Mortgage Bankers Association
AFFORDABLE HOUSING DEBT FINANCING
IN HUD MULTIFAMILY LOANS
MBA LIHTC Committee Update
Five Billboards Inside Washington, DC An MBA Update
National Housing & Rehabilitation Association Summer Institute
The Development Team Texas Rural Rental Housing Preservation Academy Session #4 June 6 – Start w/ brief overview of Greystone – who we are and what.
Mortgage Bankers Association
US Department of Housing and Urban Development
MULTIFAMILY CLOSING & SERVICING
Erica Kodiyan, Underwriting Branch Chief,
Serving the Missing Middle TALHFA Educational Conference Fort Worth, Texas Thursday, October 26, 2017 Presented by Avis F. Chaisson Acting Assistant Director,
Lending Update September 2012
Midwest Lenders Annual Conference
Midwest Lenders Conference Chicago, IL
2018 Midwestern Lender’s Conference 221(d)(4) Panel
Multifamily Midwest Region
2018 Midwestern Lender’s Conference 221(d)(4) Panel
San Diego Housing Commission Final Bond Authorization for West Park
Working with HUD as a Lender
Multifamily Production Update
Mixed-Income Development
FHA Underwriting & Opportunity Zones
Midwest Lenders 16th Annual Conference Opportunity Zone Panel
Best Practices, Underwriting Issues and Policy
Midwest Lenders Conference Office of MF Production
Multifamily Midwest Region
20th Annual WMAC Conference LIHTC & D4 Pilot Update
Example of Public Private Partnership
Presentation transcript:

MBA LIHTC Committee Update Current & Future Initiatives September 2018 Midwest Lenders Conference Chicago, IL

Completed Policy Initiatives – 2017/2018 1. Pledge of GP Interest for Equity Bridge Loan 2. Waivers of Latent Defect for LIHTC Heavy 223(f)s 3. Waiver of Working Capital for Tenant-in-Place Rehab 4. Revised Affordable Wheelbarrow 5. Deferred Developer Fee Rider for Surplus Cash Note – Aligns term of DDF Note with IRS requirements.

Future Policy Initiatives – 2018/2019 221(d)(4) Pilot Chapter 14.16.C – Remove Automatic Termination of Equity Bridge Loan upon Foreclosure/Deed in Lieu Extension of Term of Equity Bridge Loan beyond Final Endorsement/Construction Completion Deferred Developer Fee as LPA Obligation rather than Surplus Cash Note 5. Income Averaging 6. Revisions to Chapter 14 for 2019 MAP Guide Update

MBA LIHTC Committee Chair Tracy W. Peters Senior Managing Director RED Capital Markets, LLC 10 West Broad Street, 8th Floor Columbus, OH 43215 twpeters@redcapitalgroup.com tel: +1. 614.857.1656 efax: +1. 614.857.9758 redcapitalgroup.com MBA Sharon Walker Associate Vice President Commercial/Multifamily Group Mortgage Bankers Association 1919 M Street, NW, 5th Floor Washington, DC 20036 swalker@mba.org TEL: (202) 557-2747   mba.org Rita Kelly Administrative Assistant Commercial/Multifamily Group rkelly@mba.org TEL: (202) 557-2744   Vice Chair Terry Wellman Senior Vice President FHA Chief Underwriter Multifamily PNC Real Estate 19382 Sierra Perla Irvine, CA 92603 terry.wellman@pnc.com Office: 949.333.3897 Cell: 949.241.5490

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.