Originally published in Tax Credit Advisor by Paul Smith
The affordable housing industry has long required multifamily developers and owners to be creative in structuring ﬁnancing for their developments given a seemingly endless need for limited resources to create and preserve these properties. In today’s environment of increased competition for scarce resources and rising costs, it is of paramount importance for developers to be innovative in maximizing each capital source on every transaction. Each additional dollar generated aids in development or rehabilitation.
Read More Here on The Investor