Developers, investors, syndicators, property managers and more know there are plenty of upsides to partnering with nonprofit organizations to develop and manage low-income housing tax credit properties. In this week’s episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Lance Smith, CPA, discuss four key tax considerations for anyone considering partnering with a nonprofit developer to build affordable housing. The pair discuss a vital piece of information regarding tax-exempt use property and the importance of material participation by a nonprofit developer and then conclude with a discussion of programs and subsidies possible when partnering with nonprofit partners, including potential access to grant funding.