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  • Year 15 Dispositions: Navigating the Challenges with Purchase Options and Rights of First Refusal

Year 15 Dispositions: Navigating the Challenges with Purchase Options and Rights of First Refusal

  • September 23, 2020
  • 12:00 PM - 1:00 PM
  • Webinar

Year 15 Dispositions: Navigating the Challenges with Purchase Options and Rights of First Refusal

The initial 15-year compliance period (Year 15) is expiring for thousands of affordable Housing Credit units annually. Subsequently, the volume of dispositions is growing each year and it is critical that Asset Managers understand specific issues and nuances with these transactions. Asset Managers are an integral part of the disposition negotiation, working with stakeholders with a focus on extended use while ensuring the integrity of the Housing Credit Program long term. This webinar will focus on the real world challenges with dispositions including; Right of First Refusal, Purchase Options, Valuation and Aggregators. Attendees will gain understanding of the mechanics of the Right of First Refusal, Purchase Options, and Exit Taxes as well as changes in ownership structure and how it impacts a disposition.

Moderator:

Greg Griffin
VP, Asset Resolution & Dispositions

Enterprise Community Asset Management, Inc.

Presenters:

David Davenport
Shareholder and Attorney

Winthrop & Weinstine


Candida Felix
Senior Director, Technical & Development Accounting
Enterprise Community Asset Management, Inc.

Kim Loveall Price
VP of Community Development, Transforming Age

Executive Director, Downtown Action to Save Housing


WHEN:

Wednesday, September 23, 2020
12:00-1:00 pm EDT
9:00-10:00 am PDT


Registration will be open in September


Questions? Email us at info@chamonline.org.


This webinar is free thanks to our sponsors!


   


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