Finding the Debt Dollars for Your Deal Look at Every Possibility
By Caitlin Jones
1 min read
Tax Credit Advisor, April 2011: You have the equity path established for your new low-income housing tax credit project. Now you need to line up the debt. So what’s the best product for your deal?
Factors driving this decision include:
- The size and location of your project;
- The competition in your state for 9% tax credits;
- Your financial strength and development track record;
- Whether you already have construction financing secured; and,
- How quickly you need to close, to keep all the pieces of your deal together.