MBN visited Day 3 of 21st Annual Building Michigan Communities Conference at the Lansing Center, May 1, 2019. Ben Stehouwer, Vice President, Underwriting, Cinnaire delivered the 11 o'clock session.
LIHTC 301 will take an advanced look at the field of affordable housing and incite discussion around the ever changing market. This session will cover 704(b) issues, eligible basis issues, minimum gain, maximizing first year credits, year 15 and early exits, and the changes in Michigan's QAP regarding incoming averaging.
LIHTC is the Low-Income Housing Tax Credit (LIHTC) is the federal government's primary program for encouraging the investment of private equity in the development of affordable rental housing for low-income households.