Caitlin Jones & A. J. Johnson • 1 min read
Virginia Community Capital and the National Housing Trust Community Development Fund, two leading affordable housing lenders, have announced a new $30 million preservation acquisition loan pool.
Caitlin Jones & A. J. Johnson • 1 min read
The Rhode Island Historical Preservation & Heritage Commission has announced the launch of a new online service that enables users to search the database of Rhode Island properties listed on the National Register of Historic Places.
Caitlin Jones & A. J. Johnson • 7 min read
Targeted population transactions, a new category of deals made eligible in 2004 for financing under the federal new markets tax credit (NMTC) program, have been tough to do for multiple reasons. Nevertheless, a number of NMTC targeted transactions have been structured and closed.
Caitlin Jones & A. J. Johnson • 10 min read
Renewable energy tax incentives, another part of green building, are increasingly being used in affordable housing, historic rehabilitation, and economic development projects, benefiting developers, owners, and residents.
Caitlin Jones & A. J. Johnson • 6 min read
Maine, New York, Colorado, and Ohio have enacted new legislation to expand or amend their state historic rehabilitation tax credit programs. Meanwhile, new legislation has cut back and will phase out Rhode Island’s historic preservation credit.
Caitlin Jones & A. J. Johnson • 1 min read
The Local Initiatives Support Corporation (LISC) has announced the release of a new, 58-page publication designed to assist developers and others in integrating green building and energy efficiency into the rehabilitation of existing affordable rental housing properties.
Caitlin Jones & A. J. Johnson • 9 min read
A statewide solar homeowner initiative in Connecticut, solar fiber optic lighting system in Alabama, solar-assisted public housing redevelopment project in Boston, and a wind power system-assisted apartment building in England illustrate the variety of ways that renewable energy is being used in affordable rental housing projects.
Caitlin Jones & A. J. Johnson • 1 min read
The Washington State Housing Finance Commission has announced that beginning in 2009 all applicants for low-income housing tax credits will need to meet the Evergreen Sustainable Development Standard of the state Department of Community Trade and Economic Development.
Caitlin Jones & A. J. Johnson • 1 min read
Hawaii Gov. Linda Ingle (R) has signed into law pioneer legislation (S.B. 644) that requires all new homes in the state issued building permits after 2009 to be equipped with solar water heater systems.
Caitlin Jones & A. J. Johnson • 6 min read
The resurrection of the New Desire HOPE VI public housing redevelopment is a monument to its residents, the Housing Authority of New Orleans (HANO), and the development and management companies that restored this community following the devastation caused by Hurricane Katrina.
Caitlin Jones & A. J. Johnson • 4 min read
Most state allocation agencies responding to a recent survey indicated they’ve committed all or most of their 2008 low-income housing tax credits. Few have remaining 2008 application deadlines before year-end.
Caitlin Jones & A. J. Johnson • 8 min read
Two major trends are prevalent today in low-income housing tax credit (LIHTC) production – preservation and “green” development. This article will focus on “green” or “sustainable” development and how it can benefit tax credit developers and project residents.