POSTPONED: Red Flags at Year 15: Dealing with difficult limited partner exits in LIHTC projects

Start:
Thursday,
May 14, 2020
@2:00pm
End:
Thursday,
May 14, 2020
@5:00pm
Place:

MassHousing
One Beacon Street, 4th Floor
Boston, MA 02108
United States

***Please note this CEDAC Forum has been postponed and will not be held on May 14th. The new date will be posted as soon as it is available.****

Limited partners in tax credit properties are supposed to quietly fade into the sunset at Year 15, right? Maybe not. A new breed of economic investors has been purchasing limited partner interests from the initial limited partners with a goal of ‘cashing out’ at Year 15. National expert David Davenport will describe the Year 15 red flags for non-profit owners of tax credit properties. Local attorneys and CDC leaders will describe problems that Massachusetts non-profits have been facing at Year 15.