Memphis, TN-MS-AR

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5 Communities Receive Choice Neighborhoods Funding

Atlanta; Kansas City, Mo.; Memphis, Tenn.; Milwaukee; and Sacramento, Calif., will... More

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Finalists Selected for Choice Neighborhoods Grants

Nine communities are in the running for grants. More

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HUD, VA Announce Latest VASH Awards

Nearly 1,000 homeless veterans will find permanent affordable homes through the latest HUD-VASH awards. More

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THDA Names New Executive

Ralph M. Perrey has been selected as the next executive director of the Tennessee Housing Development Agency. More

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Several States Unveil Draft QAPs

The Tennessee Housing Development Agency (THDA) has released a list of proposed changes to its 2012 low-income housing tax credit (LIHTC) program. More

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ALCO Launches Upgrade of Four Properties

MEMPHIS, TENN.—ALCO Management, Inc., has begun an $8 million upgrade of four affordable apartment communities in Tennessee. More

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HUD Announces Disaster Help for StormVictims

U.S. Housing Secretary Shaun Donovan has announced disaster assistance to help recent storm victims in Tennessee and Alabama. More

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NASHVILLE—Tennessee Housing Development Agency’s (THDA’s) 2008 qualified allocation plan (QAP) is not yet final, but the most notable changes in the most recent draft include awarding more points for green building. The QAP is expected to be finalized by the end of 2007. More

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Market-Rate Firm Enters LIHTC Business

ROCKVILLE, MD.— There’s a new player in the lowincome housing tax credit (LIHTC) market—CAPREIT. The privately held real estate investment trust is known for investing in market-rate apartments, but the firm recently stepped into the affordable arena with the purchase of three LIHTC properties in Tennessee in 2006. The complexes have a total of 402 units. More

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