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FROM THE EDITOR

Andre Shashaty, Editor
ashashaty@hanleywood.com

If you think it’s time for the federal government to get its act together on housing, don’t wait passively for the presidential candidates to tell you where they stand on our issues. Join AFFORDABLE HOUSING FINANCE and industry leaders as we tell the candidates what they MUST do to reverse the damage caused by the current absence of a coherent federal housing policy. Our initiative is called Americans for a New Federal Housing Commitment. In the March issue of AFFORDABLE HOUSING FINANCE, we list dozens of housing policy ideas for the next president and the next secretary of the Department of Housing and Urban Development (HUD). We also list potential candidates for secretary of HUD. Now it’s your turn. Give us your feedback when you receive the March issue or go online now and respond electronically. Click here to take survey. We’ll boil our lists down to 10 policy objectives for the president and 10 for the HUD secretary, plus a short list of possible leaders for HUD. Then with your help, we’ll enlist support from opinion leaders across America—not just from housing, but from business, social service, major churches, and major media, to name just a few. We will present our policy proposals and what we hope will be a very long list of endorsers to the next president’s policy staff, members of Congress and the national media.

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WEB EXCLUSIVE

Lenders Express Concern at Annual MBA Conference

The mood at this year’s Mortgage Bankers Association CREF/Multifamily Housing Convention was one of concern, as the lack of investor confidence in the capital markets continues to slow the pace of business.
FULL ARTICLE

Fiscal 2009 Budget Highlights

Despite proposed increases in funding for vouchers, homeless programs, and counseling for home buyers, housing advocates expressed disappointment with the fiscal 2009 housing and community development budget submitted to Congress by President George W. Bush.
FULL ARTICLE

New Web Site Tracks Housing-Related Issues

The National Low Income Housing Coalition has launched housing2008.org - a nonpartisan forum for discussing housing issues and tracking the latest housing news from the campaign trail.
FULL ARTICLE

AHF Readers Prefer Obama

In a recent online poll, AFFORDABLE HOUSING FINANCE asked readers which presidential candidate would have the most positive impact on the affordable housing industry. Barack Obama received the most votes, capturing about 33 percent of the 118 votes cast. Overall, the Democrats received more than three times as many votes than the Republican candidates.
FULL ARTICLE

Regional Asset Manager Positions - Central and Southeast Regions

Regional Vice President for McCormack Baron Asset Management. Two (2) positions to provide asset management services and perform general partner functions for portfolios of tax credit properties. Central region position based in St. Louis headquarters. Atlanta or Charlotte-based preferred for southeast region. Reports to president of division. Experience in Section 42 required; accounting and finance background a plus; prior asset management and/or property management experience a plus. Respond to: assetmanagement@mccormackbaron.com

Visit www.mccormackbaron.com.

THE MAGAZINE

TOP 25 AFFORDABLE HOUSING LENDERS

AHF names the top 25 Affordable housing lenders with a series of in-depth articles.
FULL ARTICLE

Downtown Turnaround

Birmingham HOPE VI project overcomes a soft market and local resistance to downtown living to reach 100 percent occupancy.
FULL ARTICLE

Bush Signs Omnibus Bill with Funding for HUD Programs

President Bush has signed into law an omnibus fiscal 2008 appropriations bill (H.R. 2764) that provides $37.637 billion for the Department of Housing and Urban Development, including $16.391 billion for Sec. 8 tenant-based assistance and $6.382 billion for Sec. 8 project-based aid.
FULL ARTICLE

ANNOUNCEMENTS

Calling Current, Former HUD Employees

If you have direct knowledge of corruption, favoritism in contracting, punishment of whistleblowers, and other illegal activities at the Department of Housing and Urban Development, please contact AFFORDABLE HOUSING FINANCE. We will not publish your name and will keep your identity completely confidential. Help expose the corruption now.
Please contact Andre Shashaty by e-mail at ashashaty@hanleywood.com; phone, (415) 315-1241, ext. 301; or fax, (415) 315-1248. Respondents must identify themselves in their communication, but the magazine will not publicly reveal their identities.

AFFORDABLE HOUSING FINANCE FEBRUARY 2008
Online Now!

ONLINE POLL

If you are working on a sustainable affordable housing development, what is your No. 1 motivation for going green?

Events/Announcements

Check our online calendar for upcoming events.

AHF Readers' Choice Awards Nomination Forms Now Available
If you have done an outstanding affordable housing development in 2007 or have an exemplary one planned for 2008, AFFORDABLE HOUSING FINANCE magazine wants to hear about it.
The deadline for nomination forms is April 14, 2008.
Click here for the form. [PDF]
Click here for the form. [DOC]

AHF SURVEY: TOP 50
Only a couple of days remain to turn in a questionnaire for AFFORDABLE HOUSING FINANCE's annual Top 50 Owners and Developers lists. If you own or develop affordable housing, don't miss this chance to tell the nation about your accomplishments. AFFORDABLE HOUSING FINANCE will present its Top 50, the only lists of their kind for the affordable housing industry, in the May issue. The deadline is Friday, Feb. 15. If you have any questions or need an extension, please e-mail Donna Kimura at dkimura@hanleywood.com
Click here for the survey. [PDF]

HOUSING FINANCE BLOG

Read about deals, subsidies, gossip, taxes, and sneaky fine print in the world of rental real estate, from the editors and writers of AFFORDABLE HOUSING FINANCE here.

Contact

To reach AFFORDABLE HOUSING FINANCE Executive Editor Christine Serlin, please e-mail cserlin@hanleywood.com

To reach AFFORDABLE HOUSING FINANCE online editor Jaime Windon, e-mail jwindon@hanleywood.com.

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