The best medicine for many illnesses is often an affordable home, according to Dr. Megan Sandel. She would know. Read more
Fannie Mae invested $10 million in low-income housing tax credits (LIHTCs) through the first half of 2008, a precipitous drop from the $620.5 million mid-year 2007 mark, and just 1 percent of the $1 billion in investments registered through mid-year 2006. 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
CHICAGO Nearly nine years into what was called a 10-year program to transform public housing, this city has completed only 30 percent of the plan’s most ambitious component—tearing down housing projects and replacing them with new neighborhoods with mixed-income populations. Read more
It didn’t take long for Katrina to sweep through the Gulf Coast and displace thousands of New Orleans residents. Read more
Barney Frank may be the best friend that the affordable housing industry has ever had in the halls of Congress. Read more
MEET BRUCE GUNTER, president of Progressive Redevelopment, Inc. (PRI), a leading nonprofit housing developer in Georgia. Read more
Inside the HFAs
Ten HFA executives from around the nation discuss their priorities and the latest changes to their LIHTC QAPs. Plus: the market trends they’re watching, from demographics and affordability to high prices for construction and land. Read more
SAN FRANCISCO - Diep Do is helping to change the city's tough Tenderloin neighborhood one building at a time. Read more
Barbara Harvey lives in her car, driving to a parking lot each evening to spend the night and then leaving shortly after the sun rises. Read more
Gains made by affordable housing developers in the South Central region have been overshadowed by controversy over a state auditor’s report regarding the performance of the Missouri Housing Development Commission (MHDC). Read more
July 30 was a victorious day for the affordable housing industry. Read more
THE INTERNAL REVENUE SERVICE (IRS) is suspending certain requirements under the low-income housing tax credit program in Indiana, Iowa, and Wisconsin so that owners of facilities in these states can provide housing to victims of recent storms and flooding. Read more
EMERGING FROM today’s housing slump could take some time, according to The State of the Nation’s Housing, a yearly report released by the Joint Center for Housing Studies of Harvard University. Read more
Find out what the future holds for affordable housing amid a grim economic climate and the promise of a new administration at this year’s AHF Live: The Tax Credit Developers’ Summit. Read more
RICHMOND, CALIF - The 378 affordable apartments at Crescent Park here were mold-ridden, water-damaged, and inefficient. Read more
Last September and October, housing officials sat across a table from the owners of Starrett City, the nation’s largest privately owned affordable housing complex, located in Brooklyn, N.Y. Read more
The Senate Appropriations Committee has approved a fiscal 2009 funding bill that would provide a substantial boost over current-year funding as well as the president’s budget request for the Department of Housing and Urban Development (HUD). Read more
Two Texas developers are ready to get rolling on affordable housing projects for two different constituencies— rural residents and seniors— after receiving funding awards from the Texas Department of Housing and Community Affairs (TDHCA). Read more
A lack of affordable housing is making it difficult for companies to hire and retain entry- and mid-level workers. Read more
COLUMBUS, OHIO - Vacant houses in neighborhoods like American Addition and North of Broad here are getting a second chance, thanks to the New Markets Tax Read more