In this session you will learn from the foremost underwriting experts in the state and the Executive Director of Florida ALHFA about the recent change in federal law that opens the door for developers to make deals work with 4% bonds and SAIL funding.  The new true value of 4% bonds reduces the gap in financing that has prevented deals from penciling out.   With this comes opportunity to do more deals with less subsidy. How can a local government know how much subsidy is needed? How can long term affordability be required and protected? How can costs be evaluated? What other pitfalls and opportunities are currently in play?