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Our Predevelopment Fund (PREP Fund). Program bridges your shortfalls from. 9% Tax Credits Developments;. Tax Exempt Bond Developments;. Exchange Program Credits;. 10% Carryover Tests;. Are designed to assist our clients with pre-development funds for such purposes as meeting carryover requirements, land acquisition, working capital, or bridging timing differences related to loan or equity closings.

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GIVE THROUGH DESIGN WEB SITES | newearthllc.com Reviews
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Our Predevelopment Fund (PREP Fund). Program bridges your shortfalls from. 9% Tax Credits Developments;. Tax Exempt Bond Developments;. Exchange Program Credits;. 10% Carryover Tests;. Are designed to assist our clients with pre-development funds for such purposes as meeting carryover requirements, land acquisition, working capital, or bridging timing differences related to loan or equity closings.
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1 allocation to closing
2 new construction;
3 acquisition/rehabilitation;
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5 about us
6 application download
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GIVE THROUGH DESIGN WEB SITES | newearthllc.com Reviews

https://newearthllc.com

Our Predevelopment Fund (PREP Fund). Program bridges your shortfalls from. 9% Tax Credits Developments;. Tax Exempt Bond Developments;. Exchange Program Credits;. 10% Carryover Tests;. Are designed to assist our clients with pre-development funds for such purposes as meeting carryover requirements, land acquisition, working capital, or bridging timing differences related to loan or equity closings.

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newearthllc.com newearthllc.com
1

PREP FUNDING. Predevelopment Funds for Affordable Housing.

http://www.newearthllc.com/faq.htm

What is PREP Funding? Are we tax credit syndicators? How is PREP Funding’s investment secured? If you enter my partnership as a limited partner how can I syndicate my tax credits or sell them? Do you provide PREP Funds to non-profit entities? How quickly can you fund? What are the costs associated with PREP Funds? How is the PREP Funds Buyout Rate determined? Can PREP Funds be used to reimburse my existing out of pocket predevelopment costs? How do the PREP Funds come in? What is PREP Funding?

2

PREP FUNDING. Predevelopment Funds for Affordable Housing.

http://www.newearthllc.com/aboutus.htm

The idea behind the use of PREP Funding. Programs is simple. Make capital available to those tax credit projects that are in need of short-term bridge funds. We only fund projects that have received a commitment for an allocation of tax credits (9%) or are well past their TEFRA hearings (4%). Our funds do not replace tax credit equity nor do they supplant the need for Exchange Program Funds or other permanent financing. Most clients utilize PREP Funds. Simply gets you to closing.

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Our Predevelopment Fund (PREP Fund). Program bridges your shortfalls from. 9% Tax Credits Developments;. Tax Exempt Bond Developments;. Exchange Program Credits;. 10% Carryover Tests;. Are designed to assist our clients with pre-development funds for such purposes as meeting carryover requirements, land acquisition, working capital, or bridging timing differences related to loan or equity closings.

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