Caitlin Jones & A. J. Johnson • 1 min read
The Connecticut Housing Finance Authority’s board on 1/31/08 approved the 2008 qualified allocation plan for its low-income housing tax credit program.
Caitlin Jones & A. J. Johnson • 2 min read
THE CITY OF ATLANTA, GA AND Enterprise Community Partners have announced a new $25.5 million funding source available to developers of affordable and mixed-income owner occupied, multifamily rental, and supportive housing projects.
Caitlin Jones & A. J. Johnson • 5 min read
THE FEDERAL NEW MARKETS tax credit is being used to help fund a $9 million mixed-use development project in Washington, DC that will involve the rehabilitation of 27 affordable apartments and the addition of commercial space for a 24-hour child care center.
Caitlin Jones & A. J. Johnson • 3 min read
THE U.S. DEPARTMENT OF HOUSING and Urban Development (HUD) has issued a policy memorandum setting out uniform requirements and processing procedures for requests by owners of certain HUD-assisted and/or ““insured multifamily housing projects to convert efficiency apartments to one-bedroom units.
Caitlin Jones & A. J. Johnson • 10 min read
DEVELOPERS ARE PRESERVING EXISTING properties for long-term affordable rental housing use in a variety of ways, often employing the lowincome housing tax credit (LIHTC).
Caitlin Jones & A. J. Johnson • 12 min read
THERE ARE NUMEROUS and diverse opportunities for developers and owners to undertake preservation transactions ““ that is, the purchase and/or rehabilitation of existing apartment properties using the low-income housing tax credit (LIHTC) to continue their affordable rental use.
Caitlin Jones & A. J. Johnson • 5 min read
CONGRESS IS considering legislation that would extend, increase funding, and amend the federal HOPE VI public housing redevelopment program administered by the U.S. Department of Housing and Urban Development (HUD).
Caitlin Jones & A. J. Johnson • 4 min read
FREDDIE MAC AND Fannie Mae, the two large government-sponsored enterprises (GSEs), in early February reported their low-income housing tax credit equity investment volume for calendar 2007.
Caitlin Jones & A. J. Johnson • 3 min read
NEW YORK GOV. ELIOT SPITZER (D) on 1/31/08 approved major changes to the state’s qualified allocation plan (QAP) for its 2008 low-income housing tax credit program. The 2008 QAP will govern the allocation of federal and New York state housing credits this year.
Caitlin Jones & A. J. Johnson • 3 min read
THE BUSH ADMINISTRATION on 2/4/08 issued its proposed federal budget for Fiscal Year 2009, which begins 10/1/08.
Caitlin Jones & A. J. Johnson • 7 min read
A NEW CONSTRUCTION seniors rental property in Raleigh, NC illustrates the process and benefits of building to energy efficiency standards.
Caitlin Jones & A. J. Johnson • 7 min read
BEER, FALSTAFF IN PARTICULAR, is the story behind a new $28 million historic rehabilitation project in New Orleans. Utilizing the federal historic rehabilitation and low-income housing tax credits, a local developer has renovated an historic multiple-building industrial complex once used to brew Falstaff beer into a mixed-use, mixed-income residential/commercial property set to open soon.