Citi Publishes White Paper On Opportunity Zones; Explores Pairing With LIHTC

On September 12, Citi Community Capital published a whitepaper that outlines the potential application of the Opportunity Zone legislation to affordable housing and Low Income Housing Tax Credit (LIHTC) projects. The document looks at some of the benefits available to both LIHTC investors and to project sponsors, outlines a potential deal structure, and highlights some of the uncertainties and questions that will hopefully be addressed by future guidance.  Click here to read the white paper.