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followthemoney - (tax credits 4 Tax benefits(tax...

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$ Lender Developer (General Partner of Project) Internal Revenue Service State Housing Agency Investors (Individual) Investors (Corporations) Loan Payment Loan Rent Money (equity) Money (equity) Money (equity) Money (equity) Syndicator (General partner of investment partnership) 1) Tax benefits
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Unformatted text preview: (tax credits) 4) Tax benefits (tax credits & deductions) Tax benefits (tax credits & deductions) 3) Tax benefits (tax credits) Tax benefits (tax credits/deductions) 2) Housing project proposal submission Housing project proposal submission Legend...
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