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More stories about CALIFORNIA

  • JLC Report

    Massachusetts requires continuing education for relicensing; FEMA’s redrawn flood maps boost insurance rates; California grapples with net-metering policy; more

  • Citi Pilots California Bond Program

    California officials and representatives of Citi have come up with an innovative plan to restart construction lending for affordable housing projects in the state.

  • HUD Official Discusses TRA

    SACRAMENTO, CALIF.—There’s a rare opportunity to reform the nation’s rental assistance programs, according to leading housing experts.

  • Bank of America Reports on Community DevelopmentActivity

    Bank of America reported providing $168.2 billion in community development lending and investing, including $147 billion in affordable housing, during the first year of a 10-year community development goal.

  • Construction Begins on Big Bear Project

    Urban Housing Communities, LLC (UHC), has begun construction on The Crossings at Big Bear Lake, a 42-unit affordable housing development that will be the California resort community’s first affordable project targeted toward families.

  • CTCAC Offers Reminder for Sec. 1602 Deals

    The California Tax Credit Allocation Committee (CTCAC) issued an important notice to developers who have received Sec. 1602 tax credit exchange funds.

  • CTCAC Announces Third Round

    The California Tax Credit Allocation Committee has announced a third funding round for 4 percent low-income housing tax credits with state tax credits.

  • Red Stone Announces Latest Bond Deals

    Red Stone Partners has acquired $30.3 million in unrated multifamily housing bonds financing stabilized 4 percent low-income housing tax credit (LIHTC) properties in California and Texas.

  • California Releases Proposed Changes

    The California Tax Credit Allocation Committee has released its proposed regulation changes, including the elimination of its small development set-aside, for 2011.

  • 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.