ATAX Multifamily Tax-Exempt Bond Direct Purchase

Let's move your project forward

Terms

About ATAX
America First Multifamily Investors, L.P. (NASDAQ: ATAX) provides real estate developers with a cost effective solution for construction and permanent financing of affordable, student and senior housing properties through the direct purchase of tax-exempt and taxable bonds.

Markets

  • Nationwide
  • For Profit and Non-Profit sponsors

Loan Amount
Target size of at least $8 million

Loan Purpose
New Construction or acquisition/rehabilitation of affordable housing projects that can be financed in conjunction with LIHTC, 80/20 or 501(c)3 bonds

Amortization
Up to 40 years

Prepayments
15-year lock out

Recourse
Non-Recourse at conversion to permanent financing. Standard carve-out provisions required

Eligible Properties
Tax-exempt bond financing for the following:

  • Multifamily housing – LIHTC or Non-Profit
  • Seniors housing with limited resident services
  • IL/AL/MC projects
  • Workforce and Inclusionary Zoning projects
  • Portfolio Acquisitions and Assets for future repositioning
  • Properties with tax abatements
  • Properties with space for certain commercial (non-residential) use
  • Properties with tenant-based Section 8 vouchers