National Equity Fund
Careers
Impact
Developments NeighborWorks Capital Equity Fund Emerging Minority Developers Fund (EMDF) Pay It Forward Program Investment Portfolio
Who We Are
About NEF Teams of Experts 2023 Annual Report Culture
Expertise
LIHTC Preservation Predevelopment Loans Supportive Housing Veterans Housing Housing+Healthcare Moderate Income / Workforce Housing
Partner Resources
Accountants Asset Managers Developers Investors Insurance Requirements
Connect
Contact Us Privacy Policy

Disposition Process

As a nonprofit syndicator that is committed to community development efforts, it is our hope at NEF, Inc. that the projects in which we invest can be maintained as affordable housing after the 15 year compliance period. We look forward to working with our sponsor partners to facilitate a smooth transition.

Here is how you can expect the disposition of your project to proceed.

  1. NEF, Inc. contacts general partner to determine disposition strategy: year 14 to year 15 of project compliance period.
  2. Sponsor submits its purchase proposal, or plan for sale to a third party: before end of year 15 of project compliance period.
  3. NEF, Inc. Board Disposition Committee reviews proposal for approval: year 15 to year 16 of project compliance period.
  4. Real estate or limited partner interest is transferred: as early as possible after end of year 15 of project compliance period.

KEY CONTACTS

For assistance with development questions of NEF properties:

Contact Us

FOR DEVELOPERS

Beyond Year 15 Assessing Year 15 Opportunities NEF's Role Type of Purchase Which Year is Year 15 General Partners Role Formulating A Purchase Proposal