September 2011 Table of Contents

Featured
Looking for Balance Looking for Balance

Low-income housing tax credit (LIHTC) prices, buoyed by a fast and steep rise in the first half of the year, will likely continue to inch up in the remaining months of 2011, according to the majority of syndicators surveyed by AFFORDABLE HOUSING FINANCE. Read more

Newark Takes Aim at Homelessness Newark Takes Aim at Homelessness

THE FIRST PERSON has been housed under the Newark 50 Project, an initiative that seeks to house the 50 most vulnerable homeless individuals in New Jersey's largest city. Read more

Industry Must Remain Vigilant

Every time I turn on CNN lately, the news has been dominated—more so than usual—by politics. And it's shaping up to be an interesting fall on that front. Read more

Local Connections Local Connections

CAMBRIDGE, MASS.—Just-A-Start Corp. opened the doors to its latest aff ordable housing development in July after navigating the turmoil in the financial markets the year before. Read more

Green, Affordable Go Hand in Hand Green, Affordable Go Hand in Hand

BRONX, N.Y.—The second phase of Serviam Gardens in the northwest Bronx won’t only be serving the area’s low Read more

Stars Align for Federation Housing Stars Align for Federation Housing

ELKINS PARK, PA.—For Federation Housing, Inc., finding the perfect location and receiving the single largest donation in its 40-year history made all the difference in building its first new housing project since 2005 and its first project outside of Phil Read more

People People

Carol Galante has been named acting Federal Housing Administration commissioner (FHA) and assistant secretary for housing at the Department of Housing and Urban Development (HUD). Read more

Deficit Reduction Effort May Mean Trouble for Tax Credit

The low-income housing tax credit (LIHTC) program may be in serious trouble if—and it's a big if—the 12-member “super committee” charged with finding an additional $1. Read more

Pop Quiz: Terri Ludwig, president and CEO of Enterprise Community Partners, Inc. Pop Quiz: Terri Ludwig, president and CEO of Enterprise Community Partners, Inc.

Terri Ludwig stepped into a big role this year, becoming president and CEO of Enterprise Community Partners, Inc. Read more

Unfair Assessments?

Low-income housing tax credit (LIHTC) properties continue to face uncertain treatment at the hands of property tax assessors who too often take a conventional approach to an unconventional appraisal assignment. Read more

Pushing Preservation Pushing Preservation

NEW YORK CITY— Nearly 450 apartments in 14 buildings will remain affordable for decades to come under a new $75 million transaction. Read more

Game On Game On

IT'S BEEN THREE YEARS since Fannie Mae and Freddie Mac were commandeered by the federal government, three long and tumultuous years of operating in limbo. Read more

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