Caitlin Jones Author Archives

Treasury, HUD Issue Materials, Instructions for TCAP, Credit Exchange Programs

9 min read

Tax Credit Advisor Content: Two federal agencies have issued long-awaited initial guidance and instructions needed by states to access and start distributing new funds provided by the American Recovery and Reinvestment Act (ARRA) to facilitate completion of stalled low-income housing tax credit (LIHTC) projects.

Feds Asked to Support Housing Bond Issuance, State HFA Liquidity

3 min read

Tax Credit Advisor, May 2009: The federal government is being asked by take steps to help state housing finance agencies (HFAs) issue housing bonds and to improve their liquidity. If taken, such actions could bolster debt financing for 4% low-income housing tax credit projects.

U.S. Housing Agenda: Officials Outline Plans

4 min read

Tax Credit Advisor, May 2009: Wonder what lies ahead on the national housing agenda? On April 20-21, three top Washington housing officials talked about what you can expect in the weeks and months ahead. This includes new housing legislation, increased funding, possible new programs, and close coordination between federal departments on actions and policies pertaining to housing and other domestic programs, such as energy and education.

Atlanta Project for Homeless Enhanced, Preserved Through Resyndication

5 min read

Tax Credit Advisor, May 2009: Welcome House, an aging affordable apartment building in downtown Atlanta, was far past its prime and headed for an uncertain future when developer Progressive Redevelopment, Inc. (PRI) decided to repeat history.

Details on Gap Fund Guidance Emerge as States Issue Tentative Plans

7 min read

Tax Credit Advisor, May 2009: A few details have emerged about the forthcoming federal guidance needed by states to begin accessing and awarding the new low-income housing tax credit (LIHTC) gap funds authorized by the American Recovery and Reinvestment Act (ARRA).

CDFI Outlines Plans for Awarding Extra New Markets Credits

& 2 min read

Tax Credit Advisor, April 2009: The Community Development Financial Institutions (CDFI) Fund has issued an implementation plan describing how it plans to award $3 billion in extra federal new market tax credits and other funds provided by the economic stimulus act.

Forget About the Apple; Teachers Get a Break On Rent at New Baltimore Development

& 7 min read

Tax Credit Advisor, April 2009: Are you a teacher? If so, you can get great break on your monthly rent at the new Miller’s Court development in Baltimore, MD. Public education – and rewarding the professionals who contribute to it – is the theme of this $21.9 million historic rehabilitation project, which is utilizing new markets and historic tax credits.

Maryland Historic Credit Produces Economic and Environmental Benefits

& 4 min read

Tax Credit Advisor, April 2009: Maryland’s state historic rehabilitation tax credit program has yielded not only economic benefits but also environmental and sustainability benefits, according to a new report published by the Abell Foundation. The foundation supports various efforts to counter poverty and serve the disadvantaged in the Baltimore area.

Housing Credit Yields Continue to Rise

& 4 min read

Tax Credit Advisor, April 2009:The low-income housing tax credit (LIHTC) equity market appears likely to remain muted at least for a number of months, even as projected yields to investors ramp upward rapidly.

DC Project Shows the Payback from Green Retrofitting

& 1 min read

Tax Credit Advisor, April 2009: Galen Terrace, an 84-unit affordable apartment property in the Anacostia neighborhood of Washington, DC, is a poster child for the benefits of green retrofitting.

The Deal That Gets Done: More Often Than Not It’s Green These Days

& 9 min read

Tax Credit Advisor, April 2009: Green is now the color in developers’ eyes. Whether it’s affordable rental housing assisted by the low-income housing tax credit (LIHTC), historic rehabilitation, or a new markets tax credit project, developing in a green and sustainable fashion has become almost essential to compete effectively for tax credits and other resources.

Comments Solicited on Magnet Fund

& 1 min read

Tax Credit Advisor, April 2009 The Community Development Financial Institutions (CDFI) Fund is soliciting public comments and responses to questions and issues raised regarding how it should design, implement, and administer the new Capital Magnet Fund (CMF) program authorized by the Housing and Economic Recovery Act of 2008 (HERA). Comments are due by 5/5/09.

[Page 36 of 58 ]