Underwriting

Underwriting is the process of compiling and analyzing all of the financial aspects of a deal (including rental income, debt, equity, development budget, operating budget, etc.) in order to obtain…

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Term sheet

A term sheet is a document that covers the basic terms and conditions of a finance program. For government programs offered by agencies like HPD, a term sheet specifies the…

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Neighborhood Pillars

The Department of Housing Preservation and Developmentā€™s Neighborhood Pillars program provides low-interest loans and tax exemptions to nonprofits and mission driven organizations to acquire and rehabilitate unregulated or rent stabilized…

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Tax Break

Investors can get tax breaks from the federal government by investing in certain types of less profitable developent, such as affordable housing. The most common tax break program is the…

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