Duration:

1 hour 30 minutes

Description

While the limited partnership agreement is the legal contract for a LIHTC project, the tax credit financial model offers a roadmap of the investor's assumptions and expectations for how the asset should perform over time-- remember, time = money. The ability to navigate the model cover to cover is an essential skill for asset managers and other project stakeholders. If your your 2025 professional development goals includes financial model training, or you're new to the tax credit industry and would benefit from a guided tour of this investment tool, then this training is for you.

Join Vinnie Viola, Principal of Birch Island Real Estate Consulting, LLC, for an engaging and insightful 90-minute overview of the key assumptions and exhibits in a typical tax credit financial model. The training examines development sources and uses, depreciable and eligible basis, income and expense drivers and make-up of overall investment yield for a fictitious project known as Jackman Village Apartments, LP. The training examines how seemingly small variances from initial underwriting can adversely impact a LIHTC project's operations, expected investor benefits and capital contribution amount.