With the recent federal tax reform and reduced tax credit, learn how enterprise level financing is supporting affordable housing development in Amsterdam and Copenhagen and it’s local applicability.
Non-profit affordable housing developers in Amsterdam and Copenhagen primarily utilize enterprise level financing to develop projects and thus, do not rely upon public funds nor are they held accountable to investor obligations for certain financial returns as is the case with the Low-Income Housing Tax Credit. Enterprise level financing can depoliticize the development process, increase the speed of development, and accommodate flexibility that can spur innovation. This Brown Bag will describe the affordable housing financing structures and the institutions that support affordable housing development in Amsterdam and Copenhagen. Panelists will share local efforts to facilitate enterprise level financing in the San Francisco Bay Area. Participants and panelists will have an opportunity to brainstorm elements from the case studies that could be compatible and adaptable locally. This Brown Bag is especially relevant since the value of tax credits has decreased with recently enacted federal tax reform.
The workshop begins at 11:30am, but we encourage attendees to arrive at 11am to enjoy the hosted lunch and the opportunity to network with peers.
Convener and Moderator:
Natalie Bonnewit, Bonnewit Development Services
Panelists:
Alice Talcott, MidPen Housing
Doug Shoemaker, Mercy Housing California
Kevin Knudtson, Community Economics
Please note: registration closes on Wednesday, March 21 at 12pm.