New Requirements May Mean Longer Wait for FHA Loans
The Federal Housing Administration (FHA) recently unveiled sweeping changes to its multifamily programs, making it tougher on market-rate deals.
Your Comprehensive Guide to the Recent FHA Changes
Multifamily Executive and Apartment Finance Today report on the recently unveiled new requirements and proposed changes that will change how HUD—and the Federal Housing Administration—run their underwriting and lending business. The provisions
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.
MICHAEL BERNE, managing director and head of the seniors housing capital markets team at Chicago-based Jones Lange LaSalle , sees one key thing in seniors housing: Demand. Today, there are nearly 37 million people 65 or older in the United States, according to the Census. Fueled by the aging B aby...
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...
Inspiring a Change in Public Housing
ATLANTA The city isn't the same since RenÃ©e Lewis Glover arrived.
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).