Great Expectations: Different Investors, Different Motives
19.07.2019 | Tax Credit Advisor
John Gahan was quoted in the article, “Great Expectations: Different Investors, Different Motives,” which was published by Tax Credit Advisor on July 18, 2019.
In the article, John discusses a number of different investor scenarios he has seen come into play with the maturity of the tax credit compliance and/or extended use periods involved with LIHTC properties, depending, in large measure, on the underlying documents and identity of the investor. Investors have different takes on what to do at Year 15 and Year 30 of Low Income Housing Tax Credit deals, and it isn’t quite as simple as the divide between mission-driven and financially-driven backers.