ProLinkAIM

ProLinkAIM, developed by ProLink Solutions, is a web-based software application designed for tax credit investors and syndicators. This platform aims to assist users in efficiently managing lower-tier deals and fund investments throughout the entire lifecycle, including deal origination, closing, construction, and asset management. ProLinkAIM is targeted towards professionals in tax credit syndication, affordable housing development, real estate investment, and community reinvestment act (CRA) investment management. The vendor claims that this solution can be suitable for businesses of various sizes seeking a streamlined approach to tax credit management.

Key Features

Deal Lifecycle Management: According to the vendor, ProLinkAIM offers a centralized platform for managing all lower-tier deals and funds, supporting deal origination, screening, due diligence, and pipeline reporting for various tax credit programs.

Deal Underwriting: The vendor states that users can seamlessly integrate their Excel underwriting models with the ProLinkAIM database, enabling the transfer of deal data. The platform also provides the ability to store underwriting guidelines, document exceptions, and partnership agreements, while allowing for tracking of deals across multiple origination stages.

Tax Credit Syndication: ProLinkAIM facilitates the syndication of Low Income Housing Tax Credit (LIHTC) deals into regional or national funds. The platform allows for the pooling of lower-tier LIHTC deals based on ownership percentages and the assignment of investors to funds. The vendor claims that ProLinkAIM can track capital contributions and manage Community Reinvestment Act (CRA) investment allocations.

Construction Monitoring: The vendor states that ProLinkAIM allows users to set up construction budgets, input and track monthly draws against the budget, and monitor capital calls for each investor. The platform generates monthly construction progress reports and provides the ability to track lease-up progress.

Asset Management: ProLinkAIM offers risk assessments based on Affordable Housing Investors Council (AHIC) standard risk criteria. The vendor claims that the platform provides quarterly performance reporting for lower-tier deals and funds. Additionally, ProLinkAIM allows for property financials data intake, analytics, benefit schedule updates, and ad hoc reporting.

Investor Reporting: According to the vendor, ProLinkAIM generates monthly investment book balances based on the proportional accounting method or the equity method. The platform provides monthly accounting outputs for general ledger import and facilitates quarterly CRA reporting. The reporting covers all CRA investment vehicles, including LIHTC, SBIC, and MBS.