speaker
Jeffrey W. Ubben
President and Chief Executive Officer

literally 100% of the loans in Resy are performing. So, again, it's well within our underwriting guidelines, and we're not seeing stress in that portfolio.

speaker
Unknown Analyst
Analyst

Got it. Thanks. And then, you know, maybe as a follow-up here, you know, the tightness in the tax equity waiting for treasury clarity, is that translating to any sort of funding opportunity for you all where maybe there's a hole in the cap stack and you're able to kind of fill it here?

speaker
Jeffrey W. Ubben
President and Chief Executive Officer

Thanks. I'm going to ask Susan to answer that. I think on, or at least respond to the part about the tightness in the market in terms of refilling gaps in the capital stack, that's usually not the dynamic. You know, the tax equity obviously serves a specific purpose in terms of the tax attributes that it would be hard to substitute traditional HACI capital for that tranche. But the first part of the question around the tightness of tax equity, I'm going to let Susan answer.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

-

-

Investor presentation