Lending on Low-Income Housing Tax Credit Projects

Lending Senior Management Sales & Specials

On-Demand Webinar

StreamedFeb 15, 2022Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

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Community involvement is at the heart of community banking.

Low-Income Housing Tax Credit (LIHTC) projects are a great way to support your local community, grow your earning assets, and earn CRA credits. This session will clearly show you how to participate in these worthwhile programs.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Explain how the LIHTC program works
Understand the lending rules under the LIHTC program
Distinguish between the 9% and the 4% tax credits
Explain how to use the federal tax credits as equity in the project
Define the special loan documents that are required for a LIHTC project

Listen to a clip from this webinar!

WEBINAR DETAILS

Community banks are interested in becoming involved with multi-family affordable housing projects. The most well-known program is the Low-Income Housing Tax Credit (LIHTC) program, where federal tax credits provide the necessary equity capital to make the multi-family affordable housing project financially feasible. Community banks can act as the construction lender, tax credit bridge lender, or even as the tax credit investor. This webinar will explain the LIHTC program from a banker’s perspective and how it can assist an affordable housing project in satisfying your bank’s credit underwriting standards.

WHO SHOULD ATTEND?

This informative session is designed for loan officers, loan operations personnel, compliance personnel, managers, auditors, and others that deal with affordable housing and tax credit loans.

TAKE-AWAY TOOLKIT

Loan closing checklist for LIHTC projects
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.