January 2011 Table of Contents

Featured
Housing Ranks High as Priority

A VAST MAJORITY of Americans (86 percent) say that having a decent affordable place to live is either No. 1 or high on their list of individual/family priorities, according to a recent Zogby International poll. Read more

Providing Hope Providing Hope

WARWICK, R.I. Originally a Baptist meeting house established in 1744, the Thomas Wilbur Homestead adds a new chapter to its long history. Read more

N.J. Weighs Major Changes N.J. Weighs Major Changes

TRENTON, N.J.The number of affordable housing units that local municipalities are required to deliver would drop by more than half under a new bill that is drawing opposition from both sides. Read more

Fixed Rates Soar Fixed Rates Soar

Fannie Mae and Freddie Mac have made preservation deals a top priority for 2011. Read more

The Last Resort

he collapse of the asset and credit bubble and resulting economic downturn presented both danger and opportunity for low-income housing properties and the affordable housing industry Read more

Q & A With Howard Wallick, co-owner of The WallickCos. Q & A With Howard Wallick, co-owner of The WallickCos.

Meet Howard Wallick, co-owner of The Wallick Cos., a leading affordable housing firm headquartered in Columbus, Ohio. Read more

People

Priscilla Almodovar has been named head of the national community development real estate lending business at Chase, the consumer and commercial banking business of JPMorgan Chase & Co. Read more

Touting the LIHTC Program

Since AHF Live: The 2010 Affordable Housing Developers’ Summit, which started the day after the mid-term elections, there has been a lot of buzz in the industry about educating the newly elected legislators of the 112th Congress on the benefits of the low Read more

Geothermal Heats Up in Downtown Pittsburgh Geothermal Heats Up in Downtown Pittsburgh

PITTSBURGH Green development and sustainability are fundamental to Trek Development Group’s mission. Read more

Inside the Castle Inside the Castle

WEST HARLEM, N.Y. JoAnne Page knew she could fill the affordable apartments at the Castle Gardens development even when others had their doubts. Read more

Trouble Ahead?

Asset management is the unheralded side of the business, overshadowed by the excitement of building a new development or the challenge of negotiating the purchase of a property. Read more

Deficit-Reduction Efforts May Target Housing TaxIncentives Deficit-Reduction Efforts May Target Housing TaxIncentives

Housing advocates may be on the defensive this year if deficit-reduction efforts gain traction because housingrelated tax incentives ranging from the low-income housing tax credit (LIHTC) to the home mortgage interest deduction could be targets. Read more

New Firms Enter Syndication Market

Housing advocates may be on the defensive this year if deficit-reduction efforts gain traction because housingrelated tax incentives ranging from the low-income housing tax credit (LIHTC) to the home mortgage interest deduction could be targets. Read more

Failed Condos Transformed to Affordable Housing Failed Condos Transformed to Affordable Housing

SILVER SPRING, MD. The Argent stood as a ninestory reminder of the troubled economy. Read more

Housing First Concept Put into Words

HOUSING FIRST PIONEER Sam Tsemberis has written a book to help bring his innovative housing model into more communities across the country. Read more

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