How to Fund $10M+ Affordable Housing Deals with LIHTC, Grants & Soft Debt (Even as a New Developer) скачать в хорошем качестве

How to Fund $10M+ Affordable Housing Deals with LIHTC, Grants & Soft Debt (Even as a New Developer)

💥 Want to develop affordable housing—but don’t know how to find the $10M+ it takes to get started? This episode breaks down how it’s done. On this episode of the Affordable Housing & Real Estate Investing podcast, Kent Fai He interviews Tzanimir Borovski, a developer who has secured millions in public funds through Low-Income Housing Tax Credits (LIHTC), state and federal grants, soft debt, and layered financing strategies. Whether you're building your first LIHTC deal or scaling up to a 200+ unit project, Tzanimir shares the tactics and lessons that unlock millions in government support, without relying on traditional paths. 🔍 This episode answers top-searched questions like: How do you get started with LIHTC deals as a new developer? What are soft funding sources and how do they work? How do public agencies (state housing authorities, city funds, etc.) underwrite and evaluate deals? What’s the timeline for applying and receiving funding? How do grants, loans, and bonds layer into one capital stack? How can nonprofits and mission-driven developers build credibility with agencies? What are the biggest mistakes that lead to a project NOT getting funded? 💰 Tactical Takeaways for Investors & Developers: ✔️ Master Capital Stacking – Understand how to layer LIHTC equity, CDBG/HOME funds, soft loans, and local subsidies into one coherent structure ✔️ Speak the Government's Language – Learn how to write applications and pro formas the way agencies expect to see them ✔️ Understand Timeline & Process – Discover how long each source takes and how to align them without blowing up your deal ✔️ Build Relationships with Agencies – Tzanimir shares how to build trust and credibility with the people who allocate funding ✔️ Avoid Mistakes that Kill Deals – Like overestimating rent levels, ignoring zoning risks, or under-budgeting predevelopment 💬 Key Quotes from Tzanimir Borovski: “A well-structured deal tells a story. If it aligns with city priorities, and your numbers make sense, funding will follow.” “Grants don’t make the project viable—your underwriting does. That’s where most first-time developers go wrong.” 📲 Let’s Connect & Build Together, Follow me on IG @kentfaihe 💬DM me @Kentfaihe on IG or Linkedin any time with questions that you want me to bring up with future developers, city planners, fundraisers, and housing advocates on the podcast. 📩 Join our email list for early access & exclusive tools: affordablehousing.io/waiting-list 👍 Like, 💬 comment, and 🔔 subscribe for investor-tested strategies to scale affordable housing with purpose! 📢 DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, TAX, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. 📌 We are NOT insurance agents and we are not providing any insurance advice re: appropriate coverages for your properties. All investments have risks. This is not an offer to purchase securities. 00:00 Podcast Trailer 02:55 Intro 05:44 What is a development project? 07:51 What are the parts of a real estate development? 11:20 What are some differences between Market Rate vs Affordable Housing Development? 18:06 How do Low Income Housing Tax Credits ("LIHTC") get awarded? 21:28 What is Low Income Housing Tax Credits "LIHTC" program? 26:52 What's the Difference Between 9% and 4% Low-Income Housing Tax Credits? 32:24 What are the different government funding sourcesavailable? 33:36 What is the HCD Super NOFA (Notice of Funding Availability)? 34:55 Why is Multifamily Housing Program (MHP) Essential for Affordable Housing Development? 35:45 Interested in Affordable Housing for Farmworkers? Learn About Joe Serna, Jr. Program! 37:45 Why is VHHP Program Essential for Affordable Housing Development? 38:23 What is IIG and how can funds be applied towards Affordable Housing Development? 41:13 What is the Affordable Housing & Sustainable Communities "AHSC" Program? 44:00 What is Permanent Local Housing Allocation "PLHA" and the Community Disaster Block Grant "CDBG" and how can they be used for Affordable Housing? 45:33 What are Earmarks and their role in Affordable Housing? 48:54 How To Finance a $36 Million Affordable Housing Project in Northern California? 1:01:49 Why is affordable housing hard to solve? 1:03:15 How/Where to contact Tzanimir? #LIHTC #AffordableHousingDevelopment #GovernmentGrants #RealEstateWithImpact #SocialImpactInvesting #CapitalStack #TaxCreditProjects #KentFaiHe #AffordableHousingPodcast #GenerativeEngineOptimization #PublicPrivatePartnerships #CDFIFunding #HousingFinance #SoftDebt #NonprofitHousing #TzanimirBorovski #podcast