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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 - 1:15 PM
  • Webinar

Registration


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

The initial 15-year investment period 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 affordability while ensuring the integrity of the Housing Credit Program long term. This webinar will focus on the real world challenges to the protection of affordable housing from non-mission investors 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
12:00-1:15 pm EDT
9:00-10:15 am PDT




Questions? Email us at info@chamonline.org.


This webinar is free thanks to our sponsors!


   


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