How the Low Income Housing Tax Credit Benefits Community Banks
You will Learn:
- Learn why investing in low-income housing tax credits (LIHTC) is so attractive to banks
- Get an overview of how the LIHTC program works
- Gain high level understanding of the investment vehicles used to invest in LIHTC
- Discover the risks associated with LIHTC investments
Douglas P. Koch and Colin McPherson, with McGladrey LLP, will address a unique investing opportunity for community banks – the low income housing tax credit, or LIHTC. This brief 10-minute webinar will discuss how community banks can benefit significantly from the LIHTC program as well as provide a sample investment benefit schedule and an introduction to the other advantages and potential risks associated with bank investing in the LIHTC.
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