Wednesday, July 01, 2009

MuniMae Announces Sale of Low Income Housing Tax Credit Business Stated loan.

MuniMae and its subsidiaries prepare liability and judiciousness financing for developers and owners of true place projects. Assets under board as of May 31, 2009 exceeded $10.8 billion including investments in over 1,800 multifamily apartment properties, containing about 206,000 units, in 49 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.



MuniMae is organized as a minimal responsibility company, which allows it to ally the meagre liability, governance and directing characteristics of a corporation with the pass-through dues features of a partnership. MuniMae also conducts activities through altogether owned taxable corporate subsidiaries. This Release contains back looking statements intended to modulate for the safely harbor contained in Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements often cover words such as "may," "will," "should," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "seek," "would," "could," and alike words or are made in correlation with discussions of days operating or pecuniary performance.






Forward-looking statements show our management’s expectations at the engagement of this Release concerning tomorrow conditions, events or results. They are not guarantees of coming performance. By their nature, forward-looking statements are branch of knowledge to risks and uncertainties. Our authentic results and economic modify may disagree essentially from what is anticipated in the forward-looking statements. There are many factors that could cause current conditions, events or results to contrast from those anticipated by the forward-looking statements contained in this Release.



They incorporate changes in buy and sell conditions that act upon the willingness of latent investors or lenders to state us with capital, changes in demand conditions that impress the value or marketability of assets we own, changes in call conditions or other factors that put on our access to coin of the realm we have need of to suitable our commitments to other persons, changes in vigorish rates or other conditions that transform the value of mortgage loans we have made, changes in fire rates, impost laws, environmental laws or other conditions that touch the value of the genuine assets underlying mortgage loans we own, changes in pressure laws or other things beyond our conduct that stir the levy a tax benefits nearby to investors in equity funds we have formed or manage. Readers are cautioned not to abode undue confidence on forward-looking statements. We have not undertaken to update any forward-looking statements in this release. MUNIMAE: INTEGRITY. INNOVATION. SERVICE.

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