HUD to Award $25 Million in Rural Areas
The Department of Housing and Urban Development (HUD) announced the availability of $25 million in grants to help rural and tribal communities address distressed housing conditions and concentrated poverty.
Vitus Group Acquires S.F. Seniors Property
SAN FRANCISCO—Vitus Group announced the acquisition and planned $5 million renovation of Crescent Manor Apartments, an 86-year-old former hotel in the city’s upper Tenderloin district.
Treasury Announces Support for HFA Bond Programs
Responding to credit market problems that have hampered housing finance agency (HFA) bond programs, the Treasury Department has announced an initiative to support new housing bonds and help HFAs carry existing bonds.
Andrew I. Crossed has become a partner and executive vice president of Conifer Realty, a Rochester, N.Y.-based aff ordable development and management company operating in a fourstate region.
Rafael Cestero is commissioner of New York City's Department of Housing Preservation and Development (HPD), the nation's largest municipal developer of affordable housing.
A Hint of Year-End Optimism
As this challenging year for the affordable housing industry comes to a close, it seems to me that there's a case of cautious optimism going around.
The Case for Preservation
One of the best arguments for preserving affordable housing emerges out of the wreckage left by the housing and financial crisis.
Preservation Priority for HUD
WASHINGTON, D.C.—I am delighted to serve as a guest editor of AFFORDABLE HOUSING FINANCE, particularly because this issue’s focus is on housing preservation, which is so closely aligned with our work at the Department of Housing and Urban Development (HUD).
Inspiring a Change in Public Housing
ATLANTA The city isn't the same since RenÃ©e Lewis Glover arrived.
More LIHTC Guidance Issued
The Treasury Department and Department of Housing and Urban Development (HUD) have issued additional guidance on the low-income housing tax credit (LIHTC) exchange program and Tax Credit Assistance Program (TCAP), with Treasury solving one major problem for credit swap participants by extending the...