What's Ahead for Donovan
WASHINGTON, D.C.—Shaun Donovan has promised to make the foreclosure crisis “job one” in his role as secretary of the Department of Housing and Urban Development (HUD).
Welcoming a New Era
WASHINGTON, D.C.—When dawn broke Jan. 20, close to 2 million people were already on the move, streaming toward the U.S. Capitol to watch Barack Obama become president.
Chase Picks Up Where WaMu Left Off
Washington Mutual has been one of the most prolific lenders to the multifamily industry, originating at least $9 billion in debt annually for the last three years.
Edward Mazria Receives Hanley Award for Visionand Leadership in Sustainable Housing
Washington, D.C.—Santa Fe, N.M., architect and champion of building energy efficiency Edward Mazria, AIA, was named this year’s winner of The 2009 Hanley Award for Vision and Leadership in Sustainable Housing
NMTC Round Opens
Washington, D.C. — The deadline for applying for an allocation of New Markets Tax Credits (NMTCs) this year is April 8.
Wheeler Terrace Beats the Odds
Washington, D.C. .â€”One of this city's oldest affordable housing communities, Wheeler Terrace was built in 1947 for veterans returning from World War II.
Washington Revises LIHTC Policies
Several changes are in store for the low-income housing tax credit (LIHTC) program in Washington next year, including increasing the general pool to 70 percent.
HUD Announces Available Funds
WASHINGTON, D.C.—The Department of Housing and Urban Development (HUD) has announced the availability of $1.43 billion in homeless assistance grants to thousands of local projects serving homeless families and individuals.
AvalonBay's New Fund Targets Value-Added Deals
Alexandria, Va.-based AvalonBay Communities recently closed on a $400 million equity fund that will target value-add acquisitions.
Centerline, Alliant Jump Into Small Loan Space
Alliant Capital and Centerline Capital are opening small loan divisions dedicated to the multifamily industry in hopes of filling what has become a glaring void in the debt market.