Ronald Diner • 3 min read
At a meeting on September 13, the Financial Accounting Standards Board’s Emerging Issues Task Force (EITF) deferred approval of revised standards for accounting for low-income housing tax credit (LIHTC) investments.
Glenn Petherick • 18 min read
The six state housing finance agencies in New England are at different stages in their federal low-income housing tax credit programs this year and have differing priorities and available gap funds.
Glenn Petherick • 7 min read
On November 15th, public officials and other participants will gather in Phoenix for a special event: the ribbon-cutting for Garfield Commons Apartment Homes, a new permanent supportive housing development targeted to low-income veterans, including the formerly homeless.
Glenn Petherick • 2 min read
A new report produced by the National Park Service and Rutgers University quantifies the economic impact from the federal historic rehabilitation tax credit in Fiscal Year 2012 and since the program began more than 35 years ago.
Glenn Petherick • 8 min read
Advocates of the federal low-income housing, new markets, and historic rehabilitation tax credits are gearing up for a full-court press of Congress when lawmakers return September 9 to try to protect and preserve their programs against any future legislative threats, including possible tax reform legislation.
Glenn Petherick • 5 min read
Structuring a new markets tax credit transaction for the expansion of the Capital Area Food Bank (CAFB) in Washington, D.C offers lessons for others in the NMTC industry.
Glenn Petherick • 2 min read
A new report produced by the National Park Service and Rutgers University quantifies the economic impact from the federal historic rehabilitation tax credit in Fiscal Year 2012 and since the program began more than 35 years ago.
Glenn Petherick • 3 min read
As of the date of their survey response, most of the agencies had held the last of their application deadlines for their competitive (9%) 2013 housing credits, though a number of states had not yet announced awards from their final round.
Glenn Petherick • 6 min read
In the highly distressed South End neighborhood in Albany, N.Y., on a set of sites within view of the state capitol building, the Albany Housing Authority and a private developer are creating 56 new affordable apartments that will be rented to public housing-eligible households, utilizing federal housing and historic tax credits.
Glenn Petherick • 3 min read
The federal low-income housing tax credit has played a critical role in the development and preservation of much-needed affordable rental housing in rural America, according to a new report.
Glenn Petherick • 17 min read
Like many of his colleagues at local housing authorities across the country, Steven Benham is attempting to make lemonade from lemons, trying to maintain and revitalize his public housing properties despite less federal funding and a growing need in his small community for additional affordable apartments.
Glenn Petherick • 2 min read
An Atlanta-based asset management software and services company is preparing to launch a Web-based information service targeting all types of participants in the federal low-income housing tax credit (LIHTC) industry, including syndicators, lenders, developers, investors, state agencies, and others.