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The local Los Angeles, Bay Area, and San Diego LISC offices were pleased to facilitate the Advanced Housing Development Training Institute (HDTI) focused on affordable multifamily rental finance in September 2017. The California LISC offices offered this 4-day training intended to augment our year-long Housing Development Training Institute (HDTI) by providing more in depth and advanced training in a key technical skill and finance structure area: tax credits and tax exempt bonds for multifamily rental developments.
LISC’s Advanced HDTI curriculum consists of intermediate rental finance concepts and is geared towards project managers of nonprofit affordable housing developers who have mastered basic affordable housing development and finance skills. In this session, participants strengthened their knowledge of multifamily rental housing financing resources including structuring tax credit projects, and developed skills in utilizing tax-exempt bonds and 4% tax credits.
Project Managers from across the state attended as well as staff from our local partners including A Community of Friends, Long Beach Affordable Housing Coalition, LA Family Housing, Skid Row Housing Trust, Abode Communities, PATH Ventures, Decro Corporation, Cesar Chavez Foundation, EAH Housing, Abbey Road, Jamboree Housing, Hollywood Community Housing, LINC Housing, East LA Community Corporation, Century Housing, West Hollywood Community Housing Corporation, Many Mansions, and West Angeles CDC.