As we reached the mid-year point, Housing Finance Online asked readers about the debt financing and equity market environment.
More than half of the survey respondents—56.3%—said tax credit investor interest in their projects has improved since the beginning of the year, while 43.8% said they haven’t seen a change in interest.
When it comes to tax credit pricing, 62.5% of respondents said it has been higher since the start of the year. Only 12.5% of respondents said they are seeing lower pricing, while the remaining 25% said it has remained the same.
Respondents are mixed on the debt financing side: 41.2% of respondents said they haven’t seen any changes since the start of 2011, 35.3% said they’ve seen improvements, and the remainder said they’ve seen declines.