The Federal Reserve Bank of San Francisco and Enterprise Community Partners will jointly host a Low Income Housing Tax Credit Luncheon on Wednesday, September 30, 2009 from 11:00 am to 1:00 pm at the Los Angeles branch of the Fed at 950 So. Grand Avenue, L.A. CA 90015. There is no cost to attend.

Please join us for an informative presentation on the many reasons for investing in Low Income Housing Tax Credits in the current environment. Financial returns for tax credits are currently at 10% after tax, providing an excellent investment opportunity. Default rates are historically very low for this asset class. Come learn how your organization can combine a CRA eligible investment with competitive returns. You will learn how investment funds are structured and managed. In addition you will hear from a local developer about how this type of investment can provide excellent public relations opportunities. We hope you can make it!