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Thirty-six developments from across the country have been selected as finalists for this year’s AFFORDABLE HOUSING FINANCE magazine’s Readers’ Choice Awards.
They range from a 10-unit development for women escaping domestic violence in Coos Bay, Oregon, to a massive 1,075-unit acquisition-rehabilitation effort that spans several Columbus, Ohio, neighborhoods.
These developments illustrate the diversity and quality of affordable housing being built today.
FULL ARTICLE Legislation to establish a National Affordable Housing Trust Fund has been introduced in the House of Representatives, with the goal of producing, rehabilitating, and preserving 1.5 million housing units over the next 10 years.
The fund can be used to build, rehabilitate, and preserve affordable rental housing and to provide down payment and closing cost assistance for first-time home buyers.
FULL ARTICLE
A scandal that erupted at the Miami-Dade Housing Agency last year threatened the viability of 18 low-income housing developments, as local officials put a freeze on the gap funding the projects needed. The three biggest producers of affordable housing in the county—who normally compete head-to-head for a tight supply of tax credits—joined forces to break the logjam.
FULL ARTICLE
Affordable housing developers and owners from across the country share what’s happening in the industry in AHF’s exclusive Developers Talk Back Survey.
FULL ARTICLE Affordable housing developers and government agency housing staff will come together for AHF Live: The 2007 Tax Credit Developers’ Summit from Oct. 24 to 26 in Chicago. In its fourth year, AHF Live is the leading event for developers and owners of affordable housing.
FULL ARTICLE
Iris Park Apartments, the new $5.5 million facility on Park Avenue, is Portland, Maine's first low-income housing for people who are blind or otherwise visually impaired.
Only the second of its kind in the entire nation, it is designed to help people with visual impairments live more independent lives.
FULL ARTICLE To fill what they see as a vacancy of affordable housing in downtown Rochester, a brother-and-sister team is transforming a 1960s hotel into urban-style lofts.
Instead of tearing down the former 60-room Best Value Inn, Jacqui Rundquist and David Marquette are re-inventing it as a 41-unit apartment complex called 3rd Avenue Loft.
FULL ARTICLE Housing plays a critical role in the health and education of children, according to two new in-depth research analyses that reveal the critical role of decent, affordable rental and owned homes. The research sheds light on the many ways that housing helps ensure a brighter future for children and their families.
FULL ARTICLE Think the great American dream of owning a home is just out of reach for you? Ask your local lender about Fannie Mae's My Community Mortgage (MCM). This affordable and flexible mortgage loan program makes it easier than ever to own your own home.
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Events/Announcements
Developer Conference Multifamily Executive Conference AHF LIVE! Check our online calendar for more upcoming events. AHF BEST OF 2006-2007
Read about the 36 finalists for the 3rd Annual Readers' Choice Awards and vote for the nation's top affordable housing developments. 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. Subscribe
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