Join us as we discuss affordable housing development underwriting and feasibility, including QAP/Application requirements, market rate rents used based on the rules, TDHCA operating expense database versus portfolio experience, how to calculate debt service coverages, how underwriting relates to a cost certification post completion, what TDHCA underwriters look for in an application, construction cost estimates and support, and basis calculation and tax credit award sizing.

Join us as we discuss the details of 4% Housing Tax Credit Transactions including how 4% transactions differ from 9% transactions, when to start putting it together/what to look for, and how early to begin forming partnerships.

Prior to COVID-19, the United States was already in a housing crisis and low-income communities in Texas were feeling the pain. Market forces are increasingly putting upward pressure on the cost to develop all housing, making the prospect of meeting market demand for multifamily affordable housing even more difficult. With the full impact of the global pandemic still yet to be known, the uncertainty of the economic and political environment and looming changes to the Community Reinvestment Act (CRA), what does the future hold for affordable housing here in Texas and across the nation?