Proactive Preservation Approaches (HFAi20)
As a wave of properties faces recapitalization at Year 15 and potential conversion to market-rate use at Year 30, we discuss the magnitude of the Housing Credit preservation challenge. What are the policy implications of qualified contract activity and the obstacles to the right of first refusal? How are resyndication, tax-exempt bonds, and other financing tools leveraged effectively in preservation strategies?
DISCUSSION LEADER:
Matt Rayburn, Deputy Executive Director and Chief Real Estate Development Officer | Indiana Housing and Community Development Authority
PARTICIPANTS:
Anthony Freedman, Partner | Holland & Knight LLP
Greg Griffin, Vice President, Asset Resolution and Dispositions | Enterprise Community Asset Management, Inc.
Ellen Lurie Hoffman, Federal Policy Director | National Housing Trust
Deborah VanAmerongen, Strategic Policy Advisor, Government Relations and Public Policy, Affordable Housing | Nixon Peabody LLP