Beginner's guide to tax-exempt bonds for affordable housing

Tax-exempt bonds can finance many types of multifamily housing, including apartment buildings ranging from a few units in small rural towns, to hundreds of units or even large-scale urban public housing developments, and can include housing dedicated to certain populations such as elderly residents, special needs populations, or artists.

In most cases, affordable housing units must consist of complete living facilities, meaning they must contain spaces and fixtures for sleeping, cooking, eating, living, bathing, and sanitation.

This book is a beginner's guide to help attorneys to successfully become more proficient working with tax-exempt bonds.