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 such as those new york developments described in. 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 beginners guide to help attorneys to successfully become more proficient working with tax exempt bonds. The beginners guide to tax exempt bonds for affordable housing has been published by the american bar association the 55 page guide is written by alysse hollis an attorney at the jones walker law firm who works on tax exempt bond and 4 low income housing tax credit deals. The best selling bonds for beginners has just gotten better now in its second edition bonds for beginners is an essential tool for professionals financing affordable housing this edition contains new information on underwriting issuing mortgage credit certificates and compliance monitoring of tax exempt multifamily bonds. 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
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