Today, it is more important than ever for public housing authorities to effectively execute their asset management responsibilities for Mixed-Finance developments. As many Mixed-Finance properties reach the end of their initial 15-year tax credit compliance periods, they often undergo changes in ownership and may need to secure additional funds to address accumulating capital needs. When this happens, PHAs are responsible for securing the required HUD approvals.
Presenter:
Belinda Bly
Director, Office of Urban Revitalization; Director, Special Applications Center, U.S. Department of Housing & Urban Development