Terms of Service

1. About The Housing Subsidy Brief

The Housing Subsidy Brief is an online information and intelligence platform operated by The Housing Subsidy Brief LLC ("The Housing Subsidy Brief," "we," "us," or "our"), providing content, tools, and resources related to affordable housing finance. Our website is located at housingsubsidybrief.com.

2. Informational Purpose Only — No Professional Advice

All content published on The Housing Subsidy Brief — including but not limited to program guides, articles, newsletters, financial models, course materials, AI-generated responses, and any other materials — is provided for informational and educational purposes only.

The content on this site does not constitute and should not be relied upon as legal advice, tax advice, financial advice, investment advice, or any other form of professional advice. No attorney-client relationship, tax advisor relationship, financial advisor relationship, or other professional relationship is created between you and The Housing Subsidy Brief by your use of this site or any of its content.

Before making any decision related to affordable housing development, investment, financing, taxation, or compliance, you should consult with qualified professionals including licensed attorneys, certified public accountants, and registered financial or investment advisors who can evaluate your specific situation.

3. No Warranty of Accuracy

The Housing Subsidy Brief makes reasonable efforts to provide accurate and current information, but makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, reliability, suitability, or availability of any content on this site.

Specifically, and without limitation:

• Federal and state program rules, regulations, deadlines, and funding availability change frequently. Information on this site may be outdated, incomplete, or superseded by subsequent regulatory developments.
• Financial models, projections, and illustrative calculations are provided for general educational purposes only and do not constitute financial projections for any specific deal or investment.
• AI-generated responses through the platform's Q&A assistant are generated by a large language model and may contain errors, omissions, or outdated information. AI responses are not a substitute for professional advice.
• Information about state-specific programs reflects general knowledge and may not reflect current program status, available funding, or eligibility requirements in any particular state.

You acknowledge and agree that your use of any information obtained through this site is at your own risk.

4. Limitation of Liability

To the fullest extent permitted by applicable law, The Housing Subsidy Brief, its owners, operators, employees, contractors, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in connection with:

• Your access to or use of (or inability to access or use) this site or its content
• Any reliance you place on information obtained through this site
• Any errors, omissions, or inaccuracies in the content
• Any decisions made or actions taken based on content from this site
• Any financial loss, loss of opportunity, or harm to your business resulting from use of the site
• Any interruption, suspension, or termination of the service

This limitation applies regardless of whether the claim is based in contract, tort, negligence, strict liability, or any other theory, and even if The Housing Subsidy Brief has been advised of the possibility of such damages.

5. Subscription Terms

5.1 Free Access

Certain content is available at no charge. Free access does not require a paid subscription and may be revoked or modified at our discretion at any time.

5.2 Brief and Pro Subscriptions

Pro ($129/month or $1,290/year) subscribers gain access to the tools and data specified at checkout; the program library is free to read. Subscriptions are billed monthly or annually as selected at purchase.

5.3 Pro Free Trial

Pro subscriptions may include a 7-day free trial period. No payment method is required to start the trial. At the end of the trial, payment is required to continue Pro access; otherwise the account reverts to the Free Reader tier with no charge.

5.4 Cancellation

You may cancel your subscription at any time. Monthly subscriptions continue through the end of the current billing period. Annual subscriptions continue through the end of the annual term. We do not provide prorated refunds for partial billing periods except where required by applicable law.

5.5 Price Changes

We reserve the right to change subscription pricing. Existing subscribers will be notified of any price increase with at least 30 days' advance notice; if you do not agree, you may cancel before the new rate takes effect.

5.6 Enterprise Plans

Enterprise plans are subject to the user limits and terms specified in your signed agreement. Sharing access credentials with individuals outside the authorized seat count is a material breach of these Terms and may result in account termination without refund.

6. AI Q&A Assistant

The platform's AI Q&A assistant is powered by third-party artificial intelligence technology and is provided as an informational tool only. Responses generated by the AI assistant:

• Are not reviewed by attorneys, CPAs, or licensed financial professionals before delivery
• May contain errors, hallucinations, outdated information, or inapplicable guidance
• Do not constitute professional advice of any kind
• Should be independently verified before being relied upon

Daily usage limits apply per tier (Free Reader: 0/day; Brief: 10/day; Pro: 30/day; Enterprise: 100/day per seat). We reserve the right to modify these limits at any time.

7. Financial Models

Financial models available through the platform are provided for illustrative and educational purposes only. They are not representations of the financial performance of any specific project, investment, or deal. All assumptions, inputs, and outputs should be independently reviewed and verified by qualified professionals. We make no representation that any model is appropriate for or applicable to your specific project or circumstances.

8. Intellectual Property

All content on this site — including text, graphics, models, course materials, software, and branding — is the property of The Housing Subsidy Brief LLC and is protected by applicable intellectual property laws. You may not reproduce, distribute, republish, or commercially exploit any content from this site without express written permission. Subscribers may use downloaded financial models for their own internal business purposes only.

9. User Conduct

You agree not to use this site to:

• Reproduce or redistribute platform content commercially without authorization
• Share subscription credentials with unauthorized users
• Use the AI assistant to generate content for resale or commercial distribution
• Attempt to circumvent access controls or technical limitations
• Engage in any activity that violates applicable law

10. Third-Party Links and Content

This site may contain links to third-party websites, government resources, or external publications. These links are provided for convenience only. We do not endorse, control, or assume responsibility for the content, accuracy, or practices of any third-party site. Your use of third-party sites is at your own risk and subject to their terms.

11. Changes to the Service

We reserve the right to modify, suspend, or discontinue any aspect of the platform at any time, with or without notice. We may update these Terms at any time. Continued use of the site after changes are posted constitutes acceptance of the updated Terms. We will make reasonable efforts to notify subscribers of material changes.

12. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of New Jersey, without regard to conflict of law principles. Any dispute arising from these Terms or your use of the site shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association, with proceedings conducted in New Jersey. You waive any right to a jury trial or participation in a class action lawsuit.

13. Severability

If any provision of these Terms is found to be unenforceable, that provision will be modified to the minimum extent necessary to make it enforceable, and the remaining provisions will continue in full force and effect.

14. Indemnification

You agree to defend, indemnify, and hold harmless The Housing Subsidy Brief LLC, its owners, officers, employees, contractors, agents, and affiliates from and against any and all claims, demands, actions, suits, proceedings, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or related to: (a) your access to or use of the Site, content, financial models, AI Q&A assistant, or any other Service; (b) your reliance on or use of any information, model, output, or other content obtained from the Service in any transaction, advice, recommendation, filing, or work product you deliver to or perform for any third party (including your clients, employer, partners, or investors); (c) your violation of these Terms, any applicable law, or the rights of any third party; or (d) any content you submit, post, or transmit through the Service.

This indemnification obligation survives termination of your account and your use of the Service. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defenses.

15. Limitation Period for Claims

Any claim or cause of action you may have against The Housing Subsidy Brief arising out of or relating to your use of the Service or these Terms must be commenced within one (1) year after the claim or cause of action arose. Claims not brought within that period are permanently barred. This limitation applies to the maximum extent permitted by applicable law.

16. No Professional Advice

Nothing on the Site, in the Newsletter, in any Pro tier content, in AI assistant responses, in glossary entries, in program guides, in articles, in deal-structure walkthroughs, in financial models, in spreadsheets, in course materials, in webinars, or in any other content offered through the Service constitutes or should be construed as legal advice, tax advice, financial advice, investment advice, accounting advice, real estate advice, regulatory advice, or any other form of professional advice. The Housing Subsidy Brief is a publisher of educational information; it is not a law firm, accounting firm, financial advisor, registered investment adviser, broker-dealer, tax preparer, real estate brokerage, or fiduciary. Reading, accessing, or interacting with the Service does not create an attorney-client relationship, accountant-client relationship, financial advisor relationship, fiduciary relationship, or any other professional or confidential relationship between you and The Housing Subsidy Brief or any of its contributors.

Affordable housing finance involves federal statutes, IRS regulations, state housing finance agency rules, local ordinances, syndication agreements, partnership tax matters, and numerous other complex and frequently changing legal and financial considerations. You must consult qualified, licensed attorneys, certified public accountants, registered investment advisers, and other appropriate professionals before making any decision, structuring any transaction, executing any document, claiming any tax credit, or relying on any information you obtained from the Service. The Housing Subsidy Brief expressly disclaims any responsibility for outcomes, decisions, transactions, or losses arising from reliance on Site content.

17. Contact

Questions about these Terms may be directed to: support@housingsubsidybrief.com