Dear John, The COVID-19 pandemic reveals how critical safe, stable, homes are to our communities' ability to get and stay healthy. However, as rent collections fall, construction is delayed, and a bear market slows LIHTC investment opportunities, the affordable housing industry faces unprecedented challenges to the financial health of the affordable housing development sector. Join NPH and the California Housing Partnership on Thursday, April 30 (3pm-4:30pm) for a moderated panel of lenders and investors active in the California affordable housing market as we discuss how these organizations are collaborating with developers and operators to address these new challenges. The panel discussion will cover: - How lenders and investors are approaching new investments in pending affordable housing developments,
- How investors and lenders are working with developers to address closing, construction and lease-up delays for projects in development and,
- How investors and lenders are working with affordable housing providers to address rental income shortfalls for developments in operation.
Attendees will have an opportunity to hear directly from investors and lenders and submit questions for discussion. Click here for more information and to register. | |