House Committee OKs Bills
The House Financial Services Committee has approved a housing preservation bill (H.R. 4868) aimed at maintaining the affordability of the current assisted housing stock. Read more
More Equity Flows into LIHTC Market
Low-income housing tax credit (LIHTC) pricing will increase or, at the very least, hold steady for the next several months, according to a survey of 17 national and regional syndicators. Read more
CLUBS AND THEATERS are the domain for most performers but not Mary McBride. Read more
Four Projects Earn HUD Design Awards
PASEO SENTER at Coyote Creek, with its plaza and pedestrian roadway flanked by retailstyle social service space, has been recognized for excellence in affordable housing design by the Department of Housing and Urban Development (HUD). Read more
Freddie Mac will soon add affordable housing products to its Capital Markets Execution (CME), the company’s securitized mortgage program. Read more
LOW-INCOME HOUSING tax credit (LIHTC) developments significantly boost surrounding property values, according to a new study that examined the economic impact of affordable housing in New York City. Read more
Deadline Nears for GO Zone Projects
Billions of dollars in federal grants and tax incentives flowed to the Gulf Coast following Hurricanes Katrina, Rita, and Wilma, including more than $325 million in Gulf Opportunity (GO) Zone low-income housing tax credits (LIHTCs). Read more
A Green Vision for the Big Easy
NEW ORLEANS—After Hurricane Katrina devastated New Orleans, Matt Petersen, president and CEO of Global Green USA, had a vision for rebuilding this city green. Read more
An unfair property valuation by a local tax assessor can cripple the operation of a low-income housing tax credit (LIHTC) operation. Read more
Eric S. Belsky has been appointed managing director of Harvard University's Joint Center for Housing Studies. Read more
Progress has been made in New Orleans and the rest of the Gulf Coast in the five years since Hurricane Katrina. Read more
Oklahoma Sees First ARRA Project
ADA, OKLA.— The renovation of a 56-unit development here nearly came to a halt as the economy tanked, but Red-Wood Development was able to complete the work this year with the help of federal stimulus dollars. Read more
The Long Road Back
NEW ORLEANS— A few bare walls and broken doors separate Mike Miller from the unknown. Read more
Gulf Coast Revival
NEW ORLEANS— Five years after Hurricane Katrina, Providence Community Housing has emerged as one of the most active affordable housing developers in the Gulf Coast. Read more