March 2014 Table of Contents

At Your Service Top 25 Lenders At Your Service

Lenders fought hard against stiff competition to make loans to affordable housing properties in 2013. Among those competitors, commercial banks once again crowd the top of affordable housing ­finance’s annual list of the biggest lenders. Read more

The Preservation Race Special Focus - Preservation The Preservation Race

The low-income housing tax credit (LIHTC) program helps finance approximately 100,000 affordable apartments each year, with a good portion of those units in brand-new developments. Read more

Big League Player Special Focus - Preservation Big League Player

Specializing in acquiring and rehabilitating neglected properties, the affordable housing company Omni has grown to become a major player. Read more

Mind the Gap

We all know there’s a huge gap between how much affordable housing is needed and how much exists. Read more

Finance GSEs Support Multifamily with $54.7 Billion in 2013

Fannie Mae and Freddie Mac provided $54.7 billion in financing for the multifamily market in 2013, with a significant focus on affordable housing. The two government-sponsored enterprises (GSEs) also met the goals set by their conservator, the Federal Housing Finance Agency, to reduce multifamily volumes by 10 percent relative to 2012 levels. Read more

Tax Credit Equity What’s Ahead for LIHTCs in 2014

A tailwind is finally blowing behind the low-income housing tax credit (LIHTC) industry as it enters the new year. Read more

Norris Named President of NCR Subsidiary People Norris Named President of NCR Subsidiary

Nonprofit also creates Affordable Housing Investment Fund for acquisition and preservation opportunities. Read more

Related's Finkle Is Bullish on Affordable Housing Pop Quiz Related's Finkle Is Bullish on Affordable Housing

The president of the nation's third-largest affordable housing owner sits down with AHF to examine his first year at the helm, the company's goals and plans for the year ahead, and Related's outlook on housing in 2014. Read more

Alaska Redevelopment Earns HUD Award Alaska Redevelopment Earns HUD Award

Cook Inlet Housing Authority's transformation of an Anchorage neighborhood has earned the HUD Secretary's Opportunity and Empowerment Award. Read more

Rural Development By The Numbers

The USDA committed $23.4 billion to build, buy, repair, and support 177,387 affordable housing units in fiscal 2013. Read more

Housing Policy Federal Budget: It Could Be Worse

What's in the omnibus bill for housing? A mix of good and bad, according to housing leaders. Read more

Mercy’s Sister Lillian to Retire After 27 Years The Buzz Mercy’s Sister Lillian to Retire After 27 Years

Mercy's Sister Lillian Murphy will retire as CEO in June. Jane Graf will step into the top post. Read more

People: The Latest Industry Moves

Read who has new positions at Cabrillo Economic Development Corp., Falls Church Housing, Settlement Housing, and other firms. Read more

The Buzz First Five Promise Zones Selected

The White House has named five Promise Zones. Each community will take part in a comprehensive revitalization effort. Read more

The Buzz Cuomo Proposes $100 Million for Affordable Housing

Latest investment would create and preserve 3,000 affordable housing units in New York. Read more

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