GO for the win-win — year 15 exits
National Equity Fund understands that our developer partners enter into our tax credit collaborations with a long-term view of the housing industry. Year 15 may mark the end of the limited partner’s involvement in the project, but NEF recognizes the importance of preserving these affordable developments for the benefit of the residents and the LIHTC industry as a whole. While these are complex transactions, our experienced professionals make exiting a limited partnership as straight forward and flexible as possible.
NEF and its parent LISC have more than 30 years of experience as leaders in the community development and affordable housing fields. From the earliest days of our Year 15 dispositions, we have been guided in our approach by a broad set of objectives including maintaining positive community relations, encouraging continuing ownership by our non-profit partners and promoting lasting preservation of housing to serve low income residents.
Over the last 15 years and 1,000 partnership exits to-date, NEF has learned that each disposition is unique and requires individual attention. We have a team of talented professionals dedicated to navigating our partners through the process. We’re aware that sponsors want a streamlined course for the year 15 exit and we are equally motivated to exit and wrap up our equity funds as expected by our investors. For each disposition, we seek a win-win outcome and are proud to be one of the most user-friendly syndicators in the industry.