November 2009 Table of Contents

Looking Up From the Bottom Looking Up From the Bottom

For many in the affordable housing industry, 2009 was the worst year they had ever seen. Read more

From Homeroom to Home

BALTIMORE Young teachers coming to work in the public school system here have found a home at Miller's Court, a new mixed-use development built with them in mind. Read more

Treasury Announces Support for HFA Bond Programs

Responding to credit market problems that have hampered housing finance agency (HFA) bond programs, the Treasury Department has announced an initiative to support new housing bonds and help HFAs carry existing bonds. Read more


Andrew I. Crossed has become a partner and executive vice president of Conifer Realty, a Rochester, N.Y.-based aff ordable development and management company operating in a fourstate region. Read more

A Hint of Year-End Optimism

As this challenging year for the affordable housing industry comes to a close, it seems to me that there's a case of cautious optimism going around. Read more

HFA Executive Provides a Warning

THE LONGER the short-term fixes to the struggling low-income housing tax credit (LIHTC) market are around, the long-term problems won’t get addressed, according to one state housing agency executive. Read more

The Chase for Funds The Chase for Funds

Seattle voters did it again, passing a seven-year, $145 million housing levy in November. Read more

Treasury Blocks Fannie LIHTC Bid

The Obama administration has blocked Goldman Sachs' bid to buy a significant amount of low-income housing tax credits (LIHTCs) from struggling Fannie Mae, according to several sources. Read more

Best of the Best

SAN FRANCISCO 990 Polk Street has taken the city's neediest seniors off the streets and given them new apartments. That alone is enough, but the 110-unit development also serves as an example of a project that is tapping new financing sources and serving as a model for green building. Read more

Preparing for 2010

Developers will find tougher underwriting standards as well as a greater emphasis on project readiness when states reserve their low-income housing tax credits (LIHTCs) next year. Read more

Developer Creative in New Green Project Developer Creative in New Green Project

BRONX, N.Y. For Bronx Pro Real Estate Management, it's not just about building an eco-friendly affordable housing development. Read more

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