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Viewing 2 posts - 1 through 2 (of 2 total)
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Hi! It would be great to learn some techniques on how to better model LIHTC or HTC transactions. It is a struggle to incorporate the appropriate interest estimate as the ‘Eligible Costs/QRE’s’ are included in the equity calculation which creates a never ending circular reference. This issue is further compounded by the fact that there are in many cases two separate debt providers as the credit equity is paid in at different times. Any tutorial on how to better model these transactions would be very interesting and informative.
I’ll add this to our list and look into it.
In full disclosure, I don’t have direct experience modeling LIHTC or HTC transaction, but have a very good friend who’s been in that world for a lot of years. I’ll discuss with him and see if I can’t collaborate with him to create something for this course.