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Credit Crisis Squeezes Deals

Affordable housing developer Volunteers of America (VOA) had to switch lenders twice before it could sell tax-exempt bonds backed by the loan to Sierra Manor, a Sec. 202 community affordable to lowincome seniors in Reno, Nev. More

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EAH Completes Difficult Deal

EAH Housing has closed one of the most complicated transactions in its long history to take over a large affordable seniors housing community in Napa, Calif. More

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NCSHA Offers Recommendations to Help HFAs

State housing finance agencies (HFAs) are calling on the Treasury Department to help bolster their lending programs during this economic crisis. More

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The Wall Street Player

Editor's Note: AFFORDABLE HOUSING FINANCEhas selected 15 outstanding industry... More

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Staying on the Sidelines

Although interest rates on variable-rate debt more than quadrupled in September as credit markets seized up, those in the market for taxexempt multifamily housing bonds expect rates to settle down in the coming months. More

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Swap Meet

It may not be the only game in town, but Freddie Mac’s swap product is the most compelling thing in the market these days for developers using tax-exempt bonds to fund their projects. More

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Bonds Get Edgewood Going

AKRON, OHIO -- Tax-exempt bond financing has helped the Akron Metropolitan Housing Authority (AMHA) jump-start an ambitious 221-unit development on the city's west side. More

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MIDWEST

COLUMBUS, OHIO - The Ohio Housing Finance Agency (OHFA) has approved $24.2 million in multifamily bonds for affordable housing developments.  More

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Developers Choose Swaps for Security

Swaps have taken over from caps as the first choice of price-conscious borrowers using loans funded by tax-exempt bonds. More

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AFT Stocks Jump in Volatile Session

The APARTMENT FINANCE TODAY Index surged after oil came off its mid-July highs and our session ended Aug. 13, 2008. More

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2024 Readers’ Choice Awards Open for Nominations

The deadline to enter your outstanding affordable housing developments is April 1. More

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