Caitlin Jones Author Archives

AHIC Elects New Officers, Board Members

& 1 min read

Members of the Affordable Housing Investors Council (AHIC) elected new officers for 2008, and new board members, at their 2007 Annual Meeting in mid-October in Scottsdale, AZ.

Milwaukee’s Economy on the Grow; Strong Demand for Affordable Housing

& 8 min read

BOTH IN SUPPLY AND demand, Milwaukee continues to be a vibrant market for tax credit housing. Contrary to many other “Rust Belt” cities, Milwaukee appears to be on the grow from an increasing numbers of jobs and a resurgent economy.

Coalition Expects to Pursue Legislative Relief on Audit Issue

& 4 min read

AFTER AN UNSUCCESSFUL ATTEMPT to win regulatory relief from the U.S. Securities and Exchange Commission (SEC), a coalition of housing groups now expects to pursue passage of federal legislation to ease stricter new audit requirements for certain lowincome housing tax credit (LIHTC) partnerships.

HUD Lifts Previous Cap on Voucher Rents for Certain LIHTC Units

& 2 min read

THE U.S. Department on Housing and Urban Development (HUD) on 11/19/07 published a final rule in the Federal Register that lifts a previous limitation that restricted the HUD Section 8 project-based voucher rent to the low-income housing tax credit (LIHTC) rent for units assisted by vouchers and credits.

Affordable Housing: Prepare Early to Combine USDA Funding with Tax Credits

& 7 min read

THE U.S. DEPARTMENT OF AGRICULTURE’S Rural Development Office of Multi-Family Housing estimates that 4,250 Section 515 affordable rural housing properties “will physically deteriorate to the point of being unsafe or unsanitary within the next few years.”

New Study Warns Numerous Communities May Not See LIHTC Rent Increases for Years

& 6 min read

A NEW STUDY CONCLUDES THAT low-income housing tax credit (LIHTC) rents could stay flat for years in hundreds of communities across the U.S.

Tax-Exempt Debt, Housing Credits Allow Mixed-Finance Renovation of Small Public Housing Property

& 10 min read

THE USE OF HOUSING credits and a little-known Fannie Mae program is enabling a public housing agency in Jackson, TN, to fund the comprehensive rehabilitation of an older small public housing property for elderly and disabled residents.

Action on Tax Credit Legislation Bumped to 2008

& 6 min read

AS THE FIRST SESSION OF THE 110th Congress drew toward a close before year-end, supporters of transferred to 2008 their expectations for action by Congress on legislation to amend the federal low-income housing and historic rehabilitation tax credit programs, and to extend the federal new markets tax credit.

Tennessee Issues Final 2008 QAP

& 1 min read

Tennessee’s governor has signed the state’s final QAP for its 2008 low-income housing tax credit program.

Maryland Announces Spring Round Deadline

& 1 min read

The Maryland Department of Housing and Community Development has announced that 4/1/08 will be the application deadline for its Spring 2008 Competitive Funding Round, which will offer low-income housing tax credits.

New Jersey Issues Proposed 2008 QAP

& 1 min read

The New Jersey Housing and Mortgage Finance Agency has issued its proposed 2008 qualified allocation plan (QAP) for its low-income housing tax credit program, and is accepting written comments on it through 4/19/08.

Nominations Solicited for National Historic Preservation Awards

& 1 min read

The National Trust for Historic Preservation and HUD are soliciting nominations by 3/1/08 for the 2008 HUD Secretary’s Award for Excellence in Historic Preservation.

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