Quarter 1, 2025 ProLinkAIM Release Notes

Original Capital—The fund-level total Commitment Amount from the equity schedule.

OPA Credits—The sum of total OPA credits from all tax credit grids on the Fund Benefit Schedule.

Current Credits—For LIHTC, sum the Expected Credits if not equal to zero; otherwise, the OPA Credits, from the Fund Benefits Schedule. For all other tax credit types, sum the LT Actual if available; if that equals zero, sum the Current Credits; if that equals zero, sum the OPA Credits.

Total Impairment—Sum the impairment charges from all impairment schedule rows, for all fund owners, across the annual impairment schedules on the fund.

Can view impairment monthly or yearly.

The owner list contains any Owned or Owner Entity on an Ownership Schedule with the Impairment Schedule checkbox selected.

Recalculate functionality—Use to recalculate impairment for the Owner Entity that is currently selected.

If it is the first time the Manual Impairment process is run, the system will create the impairment schedule with $0 for the Ending Book Value for each year; all other columns will be blank. The start date of the impairment schedule will be the selected Owner Entity's Admission Date. The end date will be the start date plus 16 years. You can add additional years through the new Fund Book Value Mass Update Import utility.

Subsequent runs of this process will set the Beginning Book Balance to the prior period's Ending Book Value for each period, either previous month value or previous year value depending on the periodicity of the impairment schedule.

Calculation Year—The year for the Impairment Schedule record (annual view).

MM/YYYY—The month and year of the Impairment Schedule Month record (monthly view).

Impairment Method—The Impairment Method used the last time the record was recalculated.

Projected CRA Period Ending Value—Updated only through the new Fund Book Value Mass Update Import utility.

Beginning Book Balance—For Impairment Schedule Month records, this value is the prior month's Ending Book Balance. For Impairment Schedule Year records, this value is the prior year's Ending Book Balance.

Impairment Charge—The monthly or yearly Impairment charge. Blank for the manual impairment method.

Ending Book Value

Fund ID—System populated

Fund Name—System populated

Entity ID—System populated

Entity—System populated

Projected Date—User populated

Projected CRA Period End Value—User populated

The system saves this value to the applicable Impairment month/year record. If a record does not exist, the system creates it if the Month/Year in the template immediately follows the last Impairment month/year record. Otherwise, the system logs an error that there is a gap in the impairment schedule.

Fund ID—System populated

Fund Name—System populated

Entity ID—System populated

Entity—System populated

Date—User populated

Ending Book Value—User populated

The system saves this value to the applicable Impairment month/year record. If a record does not exist, the system creates it if the Month/Year in the template immediately follows the last Impairment month/year record. Otherwise, the system logs an error that there is a gap in the impairment schedule.