Economic Conditions

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Proposed Trust Fund Rules Issued

The Department of Housing and Urban Development (HUD) has issued proposed regulations for the affordable housing trust fund created by the Housing and Economic Recovery Act of 2008 (HERA), linking the regulations to the existing HOME program regulations t More

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LIHTC Properties Spark Economic Gains

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. More

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Getting Housing Back on Track

The first months on the job for Gloria L. Materre, executive director of the... More

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LIHTC Syndicators Hope for Recovery

The outlook for the low-income housing tax credit (LIHTC) market is better in 2010... More

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Time to Seize Opportunities

2009 was a tumultuous year for all Americans, but it was especially hard on those... More

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Ohio Closes Bond Deal

The Ohio Housing Finance Agency (OHFA) announced that is has issued $5.6 million of tax-exempt bond funds, its first transaction under a new initiative to help housing finance agencies (HFAs) maintain their lending programs during the economic downturn. More

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HUD to Award $25 Million in Rural Areas

The Department of Housing and Urban Development (HUD) announced the availability of $25 million in grants to help rural and tribal communities address distressed housing conditions and concentrated poverty. More

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The Effort to Deliver Supportive Housing

Michael Carter recently moved into permanent supportive housing that serves... More

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Fate of Tax Extenders Bill Remains Uncertain

Senate Republicans took a stand this week that they will block debate on all legislation in the lame-duck session until the fight over the Bush-era tax cuts and an extension of government funding is resolved. More

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Feds Announce $3 Billion for Struggling Homeowners

WASHINGTON, D.C.—Another $3 billion is being directed to homeowners struggling with unemployment, announced federal officials this week. More

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