Tallman Pines sold its low-income housing tax credits (LIHTCs) for more than $1 per dollar of credit even after prices began to dip. Bank of America bid high to invest in the public housing redevelopment in Deerfield Beach, Fla., and kept its commitment to close the deal last summer even after prices began to fall and other affordable projects saw their investors change or even walk away from their commitments. More
Florida has experienced unprecedented increases in the cost of land, construction, utilities, property taxes, and insurance More
HIALEAH, Fla.— This city used a chunk of Community Development Block Grant (CDBG) money invested in one small, well-chosen project and figured out a way to compound those funds over time to develop more than a hundred senior housing units that all offer fixed rents of $300 each. More
Established by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, the Office of Federal Housing Enterprise Oversight (OFHEO) ensures that the government-sponsored enterprises (GSEs) are adequately capitalized and operating their businesses in a financially sound manner. More
Stephen Auger worked his way up to the position of executive director of the Florida Housing Finance Corp. after five years at the agency, most recently serving as deputy development officer of multifamily programs. More
ORLANDO, FLA. Many affordable housing developers are still scratching their heads over how to economically mix retail and commercial space into their affordable housing projects More
Stephen Auger worked his way up to the position of executive director of the Florida Housing Finance Corp More
RBC Dain Rauscher, Inc., a subsidiary of Royal Bank of Canada, agreed to acquire William R. Hough & Co., a private St. Petersburg, Fla.-based investment firm specializing in fixed-income sales, trading and underwriting. More