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West At-A-Glance
SAN FRANCISCO - A two-year-old decision that put a significant number of housing units on hold in San Francisco’s eastern neighborhoods has been lifted.
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NAA Uses Star Power at Conventions
To raise its profile as an advocate for balanced housing policy, the National Apartment Association (NAA) hosted town hall luncheons with members of Congress, public officials, media, NAA membership, and celebrities at the Democratic National Convention (DNC) in Denver and the Republic National...
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PEOPLE
Mark C. Williams has joined Red Mortgage Capital, Inc., as a director in its new Denver office.
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Another Side of Aimco
DENVER -- Best known for its substantial market-rate property portfolio, Apartment Investment and Management Co. (Aimco) has also claimed a big stake in affordable housing.
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Green Takes Flight at Stapleton
DENVER - Talk about a gold star: The 18 affordable apartments at Central Park at Stapleton here have met the toughest residential green building standard on the books—the gold certification in Leadership in Energy and Environmental Design (LEED) for Homes from the U.S. Green Building Council.
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REGIONAL MARKETS: NATIONWIDE
Naperville, Ill. —A fund managed by Hartford, Conn.-based UBS has acquired Thornberry Woods, a 280-unit complex in this Chicago suburb for $39.2 million.
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Staff Announcements
W.A.C. Lighting has promoted Christopher Verone to Western territory sales manager. He will work with showrooms and residential sales agencies west of Denver, and with designers, engineers, specifiers, and commercial sales agencies througout the region to grow the company's commercial division, W2...
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Mile-High Meters
Denver is placing 50 more donation meters along downtown streets to raise money to help the homeless
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MIP Fight Enters Final Round
The fight over a proposed increase in the mortgage insurance premium (MIP) charged by the Federal Housing Administration (FHA) has again gone down to the wire.
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COLORADO
DENVER—Colorado’s low-income housing tax credit (LIHTC) program for 2008 is likely to include a 5 percent increase in basis caps and some green building incentives, but otherwise hold to existing priorities.