I am no longer an administration official so let me reveal a personal but, for me, necessary inconsistency between administration policy and my personal opinion: I think the HOPE VI program should be reauthorized, but not as currently conceived in legislation pending before Congress. Read more
Based on dozens of interviews with developers, engineers, and investors, here are AFFORDABLE HOUSING FINANCE's top 10 practical green building tips. Read more
WASHINGTON, D.C. — While pitcher Roger Clemens was testifying at a circus of a congressional hearing a few weeks ago, House Financial Services Committee Chairman Barney Frank was just down the hall, working away with a handful of other legislators at a hearing on how to modernize the Community Reinvestment Act. Read more
PATRICK CLANCY leads one of the largest nonprofit affordable housing organizations in the country. Read more
The economic stimulus bill signed by President Bush includes mortgage limit increases intended to provide relief for the troubled housing market, but Democrats are pushing for broader assistance that the administration doesn't want. Read more
SEATTLE -- The YWCA of Seattle, King County, and Snohomish County has a long history of providing affordable housing but knew it had to do more. Read more
Some low-income housing tax credit (LIHTC) deals are struggling in the wake of declining equity prices. Read more
AFFORDABLE HOUSING FINANCE talked to Rob Vogt, partner at VWB Research, a national real estate research firm based in Columbus, Ohio. Read more
DENVER - Talk about a gold star: The 18 affordable apartments at Central Park at Stapleton here have met the toughest residential green building standard on the books—the gold certification in Leadership in Energy and Environmental Design (LEED) for Homes from the U.S. Green Building Council. Read more
The related issues of climate change and ballooning utility bills have become fashionable in the housing industry. Read more
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. Read more
Melaver, Inc., will soon break ground on Sustainable Fellwood, a 320-unit mixed-income, mixed-use green development in Savannah, Ga. Read more
AKRON, OHIO -- Tax-exempt bond financing has helped the Akron Metropolitan Housing Authority (AMHA) jump-start an ambitious 221-unit development on the city's west side. Read more
PARK CITY, UTAH -- There are two sides to resort towns. For visitors, they are worry-free vacation destinations, but for many workers in these communities, affordable housing is out of reach. Read more
LA PORTE, IND. -- The nonprofit Parents & Friends, Inc., will build the Butterfly Garden Apartments here. Read more
When Ed Key tears open his utility bill every month, he sees a clear benefit from living at Denny Park Apartments, an energyefficient green affordable housing development in Seattle. Read more
In a sign of how challenging and expensive it is for affordable housing developers to buy land in the West, several new loan programs are being unveiled this year to help developers through the critical early stages of building their projects. Read more
Gibson Plaza has a crime problem. The 217 family apartments in Washington, D.C., seem plagued by violence. Read more
The information presented here is intended solely for informational purposes and should not be construed as accounting advice from the author or Reznick Group. Read more
SAN DIEGO -- The former Wyoming National Bank building sat empty for more than two decades, with little hope for it to ever be restored. Read more
JUBILEE HOUSING is renovating one of its longtime housing developments with one unique addition: a 24-hour child-care center. Read more
CASPER, WYO -- The former Wyoming National Bank building sat empty for more than two decades, with little hope for it to ever be restored. Read more
SAN FRANCISCO -- It was while riding a city bus that Linda Jennings first noticed a beautiful converted church. Read more
This spring, a partnership between the International Code Council (ICC) and the National Association of Home Builders (NAHB) plans to release a new green building standard, adding to an already dizzying array of green standards confronting affordable housing developers. Here's a list of the most important: Read more