Deal Structuring with Income Averaging (HCC19)
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.
DISCUSSION LEADER
Rebecca Frawley Wachtel, Tax Credits and HOME Program Director | Massachusetts Department of Housing and Community Development
PARTICIPANTS
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
