June 2016 Table of Contents

GRAPEVINE
Cantwell's Crusade AFFORDABLE HOUSING FINANCE Cantwell's Crusade

The senator has been building a case for expanding the LIHTC program. Read more

THE BUZZ
LEED Gold Development Provides Needed Affordable Housing in Perris, Calif. AFFORDABLE HOUSING FINANCE LEED Gold Development Provides Needed Affordable Housing in Perris, Calif.

Project delivers 40 affordable units for families and on-site preschool. Read more

Starwood Buys Big LIHTC Portfolio, Hunts for More Affordable Housing Finance Starwood Buys Big LIHTC Portfolio, Hunts for More

The private equity giant—more known for market-rate deals—has developed an affection for low-income housing tax credit properties. Read more

HUD Allocates $174 Million Through the Housing Trust Fund AFFORDABLE HOUSING FINANCE HUD Allocates $174 Million Through the Housing Trust Fund

California received the largest share—$10.1 million. Read more

5 Ways to Overcome NIMBYism AFFORDABLE HOUSING FINANCE 5 Ways to Overcome NIMBYism

Industry experts share strategies for working with neighbors, local officials. Read more

HOUSING POLICY
Cantwell Launches Campaign to Expand, Reform LIHTC Program AFFORDABLE HOUSING FINANCE Cantwell Launches Campaign to Expand, Reform LIHTC Program

The senator seeks to raise the cap on allocation authority by 50%. Read more

HUD Cautions Against Denying Housing Over Criminal Records AFFORDABLE HOUSING FINANCE HUD Cautions Against Denying Housing Over Criminal Records

A blanket ban of people with criminal records violates the Fair Housing Act, says HUD. Read more

FINANCE
Fannie and Freddie to Re-enter LIHTC Market? Legislative Fannie and Freddie to Re-enter LIHTC Market?

FHFA is mulling a proposal to let the GSEs back into a market they once dominated, and momentum is gathering. Read more

Construction Debt Pipeline Flows AFFORDABLE HOUSING FINANCE Construction Debt Pipeline Flows

CRA-motivated lenders continue to duke it out in a red-hot market Read more

Innovative Financing Strategy Prepares Florida Property for Year 15 AFFORDABLE HOUSING FINANCE Innovative Financing Strategy Prepares Florida Property for Year 15

Developer locks in permanent mortgage rate for a future LIHTC transaction. Read more

SPECIAL FOCUS
Where Credit Is Due AFFORDABLE HOUSING FINANCE Where Credit Is Due

HFAs have found creative ways to magnify the impact of low-income housing tax credits. Read more

POP QUIZ
Pop Quiz with Dora Leong Gallo AFFORDABLE HOUSING FINANCE Pop Quiz with Dora Leong Gallo

The veteran developer discusses the lessons she's learned as well as her latest project. Read more

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