Theory and Practice: 501(c)(3) Bonds for Housing

Webinar | September.14.2023 | 10am - 11am (Pacific Standard Time)

Webinar - Recording Available

Look back on a conversation about using 501(c)(3) Housing Bonds in affordable housing hosted by Orrick's Housing Finance Chair Justin Cooper, Tax Partner Rich Moore, and Matt Clausen, principal at non-profit law firm Adler & Colvin.

As investors increasingly look to tax-exempt 501(c)(3) entities for affordable housing funding, we analyze the broader implications and requirements for a "lessening the burdens of government" qualification.

This webinar was targeted at affordable housing developers and their counsel, investors, financial advisors, housing finance agencies, and other multifamily housing market participants.

Topics addressed include:

  • What are the substantive requirements of "lessening the burdens of government?"
  • Is the "lessening the burdens" theory just a free pass from the IRS' 96-32 safe harbor exemption?
  • Employing Form 1023 to gauge a 501(c)(3) entity's commitment to reduce government burdens meaningfully.

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