May 6, 2025: So You Want to Be a LIHTC Developer: For-Profit and Nonprofit Partnerships: Opportunities, Risks and Challenges

Tax Credit Tuesday Podcasts
Tax Credit Tuesday Podcasts
Episode • May 6 • 30m
Michael Novogradac, CPA, and Novogradac partner Lance Smith, CPA, discuss the opportunities, risks, and challenges faced by for-profit housing developers when partnering with not-for-profit affordable housing developers. Learn about the benefits, such as improved chances of being awarded low-income housing tax credits, lower property taxes and access to soft financing. They also discuss the risks including tax-exempt use property and the material participation standard. Dive deep into the intricacies of joint ventures and gain insights from the recently released Novogradac Nonprofit Housing Developers Handbook.'

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