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WEBINAR- The Development Process: Part 2
May 17 - 10:00 am - 11:30 am
This is the second training of a two-part series. Understanding the development process, as well as the costs and financing needed to make affordable housing production happen, will enable housing administrators to design effective affordable housing programs. Participants will gain a better of understanding of how amounts and timing of subsidies directly influence the incomes of the families being served. Learn about funding applications and awards, credit underwriting, the initial closing process, the construction period, and lease-up. The presenters will discuss project stabilization, the final closing, project operation, and program compliance.