Both the 9% and 4% tax credit programs combine tax credit equity and hard debt to finance the majority of project costs. In most cases, a gap remains, requiring use of grant or “soft” loans. Some projects are too small to be realistic for tax credit investment or don’t meet LIHTC priorities. In the third session of OCDCA’s six-part Affordable Housing 101 Series, Roy Lowenstein of Lowenstein Development will cover various tools for rental housing gap financing. OCDCA is responding to member demand for this training series, so ample time will be allowed for questions.

Cost:
OCDCA Members: Free
Non-Members: $10