• DENVER—Colorado’s low-income housing tax credit (LIHTC) program for 2008 is likely to include a 5 percent increase in basis caps and some green building incentives, but otherwise hold to existing priorities.

  • PHOENIX—For the second year running, Arizona’s Department of Housing (ADOH) has reorganized its tax credit competition without changing substantive goals.

  • At 82, attorney Gerson B. Kramer is still working on a lawsuit filed 11 years ago over an apartment project started in 1968.

  • Here’s a small mercy as other programs decline: A conservatively estimated $26 million will be available in Community Development Financial Institutions (CDFI) program grants for fiscal 2008, and if early congressional actions are any indication, the grant amounts could come close to doubling.

  • Say what you like about purchasing power, but average dollar incomes mainly increase.

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