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FROM THE EDITOR

Christine Serlin, Editor
cserlin@hanleywood.com

Calling All Developers and Owners: Be Part of AHF 50

Affordable Housing Finance strives to determine industry benchmarks and identify industry trends through its annual survey of affordable housing developers and owners.

By participating in this annual survey, you not only have an opportunity to be part of the magazine’s Top 50 affordable housing owners and developers, the only lists of their kind in the industry, but you can share innovative solutions about how you have weathered the downturn as well as what you have planned for the coming year.

We then will compile this information for the May/June issue of Affordable Housing Finance and give readers a nationwide perspective of how developers and owners fared in 2009, the major challenges that they faced, and how they kept deals alive.

So, please be sure to download the survey and return by Feb. 17 to Deputy Editor Donna Kimura at dkimura@hanleywood.com. Your responses are critical to having comprehensive coverage of the state of affordable housing owners and developers today.

Experienced Affordable Housing Management Positions—Nationwide

Quadel Consulting Corporation is seeking talented mid to senior level management professionals with experience in HUD Section 8 Performance Based Contract Administration, and the Housing Choice Voucher Program. Successful candidates will be responsible for providing strategic leadership, direction and management for contracts supporting these HUD programs.

For more information and to submit your qualifications, please visit our online career opportunities.

WEB EXCLUSIVE

Driven by Refis, Some Affordable Housing Lenders Expand

While the market for new construction of tax-credit deals remains sluggish, some affordable housing lenders are finding success focusing on preservation deals.
FULL ARTICLE

Case Challenges California’s Inclusionary Housing Laws

Affordable housing advocates in California are keeping a close eye on local housing laws this year after a developer won a major victory in his challenge of a Los Angeles plan.
FULL ARTICLE

Affordable Housing's Bottleneck is Lack of Construction Debt

While the market for low-income housing tax credits remains depressed, some big buyers are starting to re-engage the market. Unfortunately, as the tax-credit exchange program gathers steam, many developers are finding that the biggest impediment to breaking ground is finding the debt.
FULL ARTICLE

GSE Debt Gets Pricier as the Benchmark Climbs

Throughout 2009, multifamily borrowers enjoyed sub-6 percent rates from Fannie Mae and Freddie Mac, as other commercial real estate sectors struggled to find well-priced debt. But if current trends hold up, those rates may be tough to find in 2010.
FULL ARTICLE

Yardi Voyager Affordable Housing Software

"Yardi Voyager helps us operate more efficiently with one product, one database, and one set of training requirements. Centralizing our database lets us prepare Section 8, Tax Credit and other compliance reports much more quickly and with less effort." - Joelle Greene, National Core. To learn more, click here.

Morgan Stanley Commits $110 Million to Affordable Housing

Morgan Stanley announced that it is committing $110 million toward financing affordable rental housing across the country.
FULL ARTICLE

NMTC Deals Move Forward in N.Y., L.A.

Enterprise Community Investment, Inc. and National Community Fund I, LLC, have closed on a $22.3 million New Markets Tax Credit transaction that will finance the construction of the Harrison Circle Building at the Morris Heights Health Center in the Bronx, N.Y.
FULL ARTICLE

NSP Competitive Grants Announced

Nearly 60 grantees were awarded $2 billion under the Neighborhood Stabilization Program funds, announced the Department of Housing and Urban Development on Jan. 15.
FULL ARTICLE

Feds Complete HFA Bond Initiative

Federal officials announced the completion of all transactions under the new state and local Housing Finance Agency Initiative.
FULL ARTICLE

Supporting Innovation: The OHFA Housing Investment Fund

In 2008, the Ohio Housing Finance Agency board approved the creation of the Housing Investment Fund to support affordable housing initiatives that do not qualify for existing funding sources. Agency staff developed the idea for the fund after carefully examining the housing needs of the state and how those needs were being met by current programs.
FULL ARTICLE

AHF's November/December Digital Edition

Now available: Affordable Housing Finance's newest flipbook edition! See the November/December 2009 issue as it appeared in print; search the entire issue by keyword; link specific pages to Facebook, Digg, and Delicious; and connect with advertisers. You can even save the issue hard drive for when you're not online. It's a 21st century take on an old-school experience.

ANNOUNCEMENTS

Calling All Affordable Housing Developers and Owners
If you develop or own affordable housing, don't miss the chance to tell the nation about your accomplishments! Complete this survey for an opportunity to be included in the April/May issue of Affordable Housing Finance magazine, which will have a special feature on the Top 50 affordable housing developers and owners. Survey must be completed by Feb. 17, 2010.

Click here to download the survey

Call for Entries
Affordable Housing Finance's sixth annual Readers' Choice Awards nomination process is now open. Eligible submissions include LIHTC projects as well as other affordable housing developments completed in 2009 or that will be completed in 2010. Download the nomination form and FAQs.

HOUSING FINANCE ONLINE SURVEY

Construction debt for tax credit deals was hard to obtain in 2009. Affordable Housing Finance wants to know your outlook for construction financing in 2010?

Click Here to take survey

Previous survey results: 2009’s Best News Events

HOUSING FINANCE
SOCIAL NETWORK

AHF 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.

AHF Launches
LinkedIn Group
Affordable Housing Finance has launched a LinkedIn group, giving readers another venue to network and dialogue with one another about the industry's issues.

AHF's Facebook Group
Affordable Housing Finance has launched a Facebook
group, allowing readers the opportunity to network and dialogue with one another about the industry's issues, while following the latest developments from the magazine.

Follow AHF on Twitter
Affordable Housing Finance readers can also follow breaking news and industry updates on twitter.com/AHFMag.

Contact

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

To reach AFFORDABLE HOUSING FINANCE online editor Spencer Markey, e-mail smarkey@hanleywood.com.

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