Tax Credit Property Dispositions 2011
Boston, MA | November 9 - 10, 2011
To download presentations from this conference, click here.
The Low-Income Housing Tax Credit (LIHTC) program was created in 1986 to encourage
the investment of private capital in the development of affordable rental properties.
To receive LIHTC benefits, owners of qualifying rental properties agree to comply
with low-income occupancy requirements for a minimum of 30 years. During the past
25 years, this highly successful program has produced over 2 million rental units
of affordable housing. Properties completing their initial 15-year tax credit compliance
periods face several business, legal, tax and accounting issues must be addressed
before a property can be successfully re-positioned.
This cThis conference will examine the opportunities and challenges facing owners of maturing
tax credit properties, and how proactive owners and investors can maximize a tax
credit property’s value in Year 15. Relevant topics will include Year 15, structuring
qualified contracts, options and rights of first refusal, portfolio assessment,
assessing the property disposition at Year 15 and before, and executing general
partner transfers during the compliance period.