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WEBINAR- Healthy Partnerships Between For-Profit and Non-Profit Developers
December 14, 2021 - 10:00 am - 11:30 am
For-profit developers are on the lookout to partner with nonprofits to qualify for the nonprofit set-aside in the FHFC Tax Credit process. Nonprofits who do not have the development experience to submit a winning application without an experienced development partner can benefit from partnering with an experienced developer. This webinar explores the process for joint ventures with special attention to protecting the tax-exempt status of the nonprofit and ensuring that the nonprofit’s interests are protected in terms of meeting its mission and earning the appropriate developer fee. Participants will learn about the various Florida Housing Finance Corporation Request for Applications that encourage nonprofit participation and how to ensure the applications meet each requirement satisfactorily. The webinar will include exercises to sharpen the joint venturing skills.