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Investor Information

Acquisition Standards 
To view Executive Summary and Data Input Sheet  Click Here
Upper Tier Reserve Guidelines
Before entering into an upper tier investment fund with a Syndicator/Sponsor for investment in low-income housing tax credits (LIHTC), the following reserve requirements should be considered to provide funds for project reserves, asset management fees, and fund level expenses.

To view the AHIC's Upper Tier Reserve Guidelines Click Here
Underwriting Deal Guidelines
Before entering into an investment for low-income housing tax credits (LIHTC), the following attached Underwriting Deal Guidelines can be used as an outline for investment underwriting for both fund and direct investments.  The Guidelines can be used to identify and mitigate variance associated with individual investments.

To view the AHIC Underwriting Deal Guidelines Click Here

Proposed Secondary Market Transaction Standards

To view Proposed Secondary Market Transaction Standards, Click Here.
Asset Management Documents 
To View Asset Management Documents Click Here

Best Practices

Deal Points

WatchList Categories

Underwriting Criteria

Property Watch Field Specs

Industry Documentation related to H.R. 3221:  Housing and Economic Recovery Act of 2008 can be found here:

Nixon Peabody Memo of 7/28/2008
LISC/NEF Memo of 7/30/2008

 


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