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.
RECENT TAX-EXEMPT BOND TRANSACTIONS
FIND YOUR AFFORDABLE HOUSING SPECIALIST
Led by Phil Melton in Dallas, our team of skilled loan originators, located throughout the country, has 140 plus years of combined experience and an estimated $5 billion in loan originations. In the complex world of affordable housing finance, Bellwether Enterprise serves the needs of property owners, developers and investors.