How To Avoid Difficult Limited Partner Exits At Year 15

How you can protect your project in its infancy from "aggregators" and other bad faith dealers who may try to disrupt the year 15 exit for personal gain.

In recent years, there has been an insurgence of private firms who have begun systematically challenging nonprofits' project-transfer rights and disrupting the normal exit process in hopes of selling the LIHTC property at market value. Rising values in certain markets have created an opportunity for these firms to profit far beyond the original investors' expectations. Some investors are taking advantage of the investor interests they already hold in LIHTC projects, while others have begun acquiring LIHTC projects en masse for the sole purpose of disrupting the Year 15 exit later for profit, these actors are referred to as "aggregators."