NEF, Inc. equity funds serve as limited partners in tax credit projects. As such, NEF, Inc. must agree to a general partner’s plan to sell its project at the end of the 15 year compliance period.
Our role is to facilitate the disposition of the project from the limited partnership as soon as possible after that compliance period, in accordance with the partnership agreement’s terms. And, when all project partnerships in a particular equity fund are sold, we wind up the fund’s affairs on behalf of the fund’s investors.
