You did it! Your project secured a tax credit award, and you’ve selected your investors and lenders—now the real fun begins: the construction finance closing. But what exactly does that entail, and what should you expect along the way?
In this training, we’ll walk through the ins and outs of construction closing, bringing together insights from a financial consultant, lender, LIHTC attorney, and title and escrow officer. You’ll gain a clear understanding of:
- What’s next after an LOI and the Term Sheets are signed? A broad overview of the closing process and timeline
- Parties involved in the closing process, their roles, and perspectives.
- Critical milestones, Long lead items, and crucial documents highlight.
- Overall tips
Whether you’re preparing for your first closing or need a refresher, this session will give you the tools and confidence to navigate this critical phase and move your project successfully toward groundbreaking.
