National Development Council

Application for Community Development Finance Training

Brought to you by Citi and the Citi Foundation

Purpose
The emphasis of this capacity building initiative is on professionals who work for mission-driven community development corporations (CDC) serving low and moderate-income neighborhoods.

Space is limited; you will be notified if your registration is confirmed.

Class Details

 
HD - Rental Housing Development Finance
  Marketplace: Boston
  Location Nixon Peabody LLP
100 Summer Street
Boston, MA, MA 02110
http://www.nixonpeabody.com/boston_office
  Citi Contact: Susanne Cameron
617-247-6328
susanne.m.cameron@citi.com
  Partner Organization Contact: Julie Tschirhart
Massachusetts Association of Community Development Corporations
617-426-0303
juliet@macdc.org
  Instructor Name Regina Celestin
  Number of Days 3
  Prerequisite None
  Date 10/2/2012 to 10/4/2012
  Time 8:30 AM to 5:30 PM
  Number of Openings 30
  Tuition Members $150 Non-Member $300
  Description
An invoice will be sent you after completing your registration.  This course is being offered at a reduced fee through the generous support of the Citi Foundation a savings of up to $460!
The course presents a detailed look at the financing and developing of affordable multi-family rental housing. Participants learn the financial criteria lenders and investors use to determine the amount of investment in a multifamily housing project. The course also explores methods for attracting the maximum private capital, and techniques for using public funds to fill financing gaps. Specific topics include:
  • Multi-family housing development process
  • Preparing financial projections
  • Pro forma income and expense analysis
  • Sources and uses of funds
  • Private lender underwriting
  • Permanent and construction lender analysis
  • Appraisals
  • Historic Rehabilitation Tax Credits
  • Low-Income Housing Tax Credits
  • Discounted cash flow analysis
  • Syndication
  • Deal structuring
  • Debt and equity investment vehicles
 
Class is Full