Caitlin Jones & A. J. Johnson • 1 min read
The California Tax Credit Allocation Committee has adopted final regulation changes for its 2008 low-income housing tax credit program, which it outlined in a memorandum dated 2/4/08.
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 • 5 min read
THE NEW YEAR HAS SEEN the introduction of legislative proposals to curtail, expand, or establish various state historic rehabilitation tax credits. Declining revenues and a projected budget deficit are the motivating factors in some states.
Caitlin Jones & A. J. Johnson • 7 min read
A GROWING POPULATION, expanding job market, and rising home values make Seattle,WA nicknamed the Emerald City after the many lush evergreen trees in the area, a true jewel of a locale for affordable and market-rate multifamily housing.
Caitlin Jones & A. J. Johnson • 1 min read
The U.S. Department of Housing and Urban Development (HUD) on 2/13/08 released its estimates for Fiscal Year 2008 of median family income and income limits for 532 metropolitan and 2,043 non-metropolitan areas nationwide.
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).