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Housing Development Finance



HD410-Home Ownership Finance
In this course, the first in the HDFP Certification Program™, participants learn the skills and techniques that successful housing development finance practitioners use to create affordable, owner-occupied, single family housing. This four-day course takes an in-depth look at the financing of housing and how financing affects affordability—of both the unit’s sales price and the buyer’s monthly mortgage payment. Specific topics include:
  • Home Ownership Development Overview
    • Achieves a public purpose
    • Stabilizes neighborhoods
    • Promotes economic growth
    • Establishes markets
  • Home Ownership Development Process
    • The players
    • Non-profits and public sector roles
    • Selecting and developing the site
  • Financing and Deal Structuring
    • Construction financing
    • Profit and loss statement
    • Cash flow statement
  • Qualifying Home Buyers
    • Calculating ratios
    • Verifying information
    • Evaluating credit reports
  • Home Buyer Income and Credit Barriers
    • Down payment and closing costs
    • Debt/income ratios
    • Credit history
    • Monthly payment
    • Methods of overcoming barriers
    • Lease-purchase
  • Permanent Mortgage Programs
    • Federal programs
    • Private programs

 

CM 27.50 




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HD410-1020MN
Remote Classroom
Training Office
TBD TBD TBD TBD $1,140.00 View

HD423-Computer Spreadsheet Analysis For Rental Housing

The second course in the RHDFP Certification Program™, HD423 incorporates the use of computer spread sheets designed to give participants the ability to apply the financial analysis techniques presented in the previous course. In this four, half-day course, participants learn to use of rental housing spread sheets as a tool to locate and interpret key financial information and to restructure a housing transaction based on revised assumptions. More time is available to consider structuring options for affordable rental housing case studies. Specific topics include:

  • Spread Sheet Basics
    • Navigating financial analysis forms and spread sheets
    • Entering data into computerized spread sheets
    • Implications of changing project assumptions
  • Rental Housing Spreads Sheets
    • Development budget
    • Pro forma income and expense statement
    • Sources of funds
    • Tax and appreciation benefits
  • Debt and Equity Investment Vehicles
    • Alternative mortgage instruments
    • HOME
    • CDBG
    • Other financing programs


Additional Information

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HD423-1220RC
Remote Classroom
Training Office
Leon 12/1 - 12/4 Tu We Th Fr 01:00 PM - 05:00 PM $855.00 View

HD435-Rental Housing Development Finance: Problem Solving and Deal Structuring

The third and final course in the Rental Housing Development Finance Professional Certification Program™, HD435 blends the financial analysis techniques learned in the previous courses with the problem solving and negotiating skills that housing development practitioners use to close complex projects. This five-day course challenges participants to analyze and structure financing packages for rental housing deals that are complicated by a variety of factors, both financial and non-financial. Participants become skilled at the methods used to structure financing that most effectively leverages public dollars. Specific topics include:

  • Deal Structuring
    • Identifying financial and non-financial issues
    • Assessing participants
    • Problem solving process
    • Devising a negotiation strategy
    • Mixed-use deals
    • Low-Income Housing Tax Credit (LIHTC) deals
    • Creative gap filling techniques
    • Lease-purchase home ownership using LIHTC projects
  • Fees and Reserves
    • Developer’s compensation
    • Investor requirements
    • Permanent lender requirements
    • Types of reserves
    • Credit adjusters
  • Other Issues
    • Appraising LIHTC deals
    • Exit strategies for LIHTC deals
    • Zoning
    • Environmental issues


Additional Information

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HD435-1020LA
Remote Classroom
Training Office
TBD TBD TBD TBD $1,425.00 View