Multifamily Project Finance and Development
1 hour 30 minutes
Gain an understanding of funding sources by category and how those funds are administered.
Affordable housing is an ever growing, ever changing field of real estate development, redevelopment and financing. The sea of federal, state, conventional banking and private financing options makes understanding where the money will come from one of the first and highest hurdles for any affordable housing developer to overcome. This material offers an overview of a panoply of funding sources by category and you will gain an understanding of how those funds are administered. The course will also take a look at noncash sources of financing and discuss commonly coupled programs.
• You will be able to describe the common sources for state and local funding and project incentives.
• You will be able to identify the mechanism for distribution of various funding sources.
• You will be able to recognize the most used federal funding sources.
• You will be able to discuss options for additional funding for affordable housing projects.