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Deal Structuring with Income Averaging (HCC19)

Published on June 13, 2019


Explore new opportunities for Housing Credit development using the income averaging minimum set-aside election. Understand the impact of the set-aside on income limits, project rents, and Credit delivery. Discuss financial structuring benefits of mixed-income developments, structuring challenges in multiple subsidy deals, and best practices for unit designation and market studies.

Rebecca Frawley Wachtel, Tax Credits and HOME Program Director | Massachusetts Department of Housing and Community Development

Iris Bashein, Senior Vice President, Tax Credit Investments | Bank of America Merrill Lynch
H. Blair Kincer, Partner | Novogradac & Company LLP
Mark Sween, Vice President and Project Partner | Dominium

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