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Year 15

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{Enterprise Community Asset Management, Inc.} Enterprise works with partners to transfer project ownership to the sponsor when the 15-year compliance period is complete.

Year 15 Dispositions

When the 15-year compliance period is complete, the investor typically no longer has an economic interest in the investment, and would like to dispose of its investment in the project. Since 2002, Enterprise has worked with investors and sponsors on disposition strategies for LIHTC projects. These include:
  • Multifamily
  • Inner-city scattered-site
  • Mixed-use
  • Mixed-income
  • Lease purchase
In most cases, the investor’s interest in the partnership was transferred to the nonprofit sponsor following the expiration of the LIHTC compliance period. In addition to guiding Year 15 transactions with its own partners and sponsors, Enterprise also provides training, refinancing and resyndication for LIHTC properties reaching the end of the tax credit compliance period.

Year 15 Resources

 
© 2013 Enterprise Community Investment, Inc.
We are Enterprise. Our family includes Enterprise Community Partners, Inc, a national Section 501(c)(3) charitable organization that provides expertise for affordable housing and sustainable communities. Debt and equity financing for affordable housing is offered through our tax-exempt subsidiaries, Enterprise Community Loan Fund, Inc. and Enterprise Community Investment, Inc. Housing development and asset management services are offered through for-profit members of our family of companies, Enterprise Homes, Inc. and Enterprise Community Asset Management, Inc. Multifamily and commercial real estate financing is offered through Bellwether Enterprise Real Estate Capital, LLC. The content on this website reflects information about all of these entities. See our Terms of Use page for an explanation of how these different types of organizations are represented on this website.