TAX-EXEMPT BOND FINANCING SOLUTIONS
The 9% LIHTC credit is extremely competitive and, as a result, developers are increasingly turning their attention to tax-exempt bonds with as-of-right 4% LIHTCs to finance the construction and preservation of affordable housing properties.
Bellwether Enterprise Real Estate Capital (BWE) offers a variety of financing executions for properties being financed with tax exempt bonds, including properties financed with Low Income Housing Tax Credits, 501c3 bonds, and 80/20 transactions. BWE’s dedicated affordable housing team brings together a diverse group of affordable housing professionals with decades of combined experience. Our team has structured and closed transactions using a broad variety of tax-exempt bond structures, including:
Freddie Mac TEL (Tax Exempt Loan)
Fannie Mae M-TEBS (MBS Pass-Through Bonds)
BWE Direct Bond Purchase
Short-Term Cash Backed Bonds paired with FHA/HUD-insured (223f PILOT or 221d4), Agency (Fannie/Freddie) and other taxable and tax-exempt permanent loans.