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California Delays LIHTC Round
SACRAMENTO, CALIF.—The California Tax Credit Allocation Committee (CTCAC) postponed its first round of allocating low-income housing tax credits so it could put into place the many provisions of the new American Recovery and Reinvestment Act.
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Rebates Energize Solar Retrofits
Affordable housing owners who want to retrofit their developments to go solar in California have an additional rebate incentive to help them do so.
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Keeping the Faith
DENVER—This is how many aff ordable housing units Mercy Housing owns: 14,515. This is how many units Mercy has in some phase of development: 5,400. And this is how many Mercy wants to participate in over the next fi ve years: 65,000.
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Q: Does anyone make a fireproof deck board?
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Stimulus plan promotes energy-efficiency spending; California approves PEX; production-builder CEO rakes in $9.6 million for ’08; more
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Forget “no maintenance”: These products require periodic cleaning and upkeep to prevent mold stains.
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West At-A-Glance
California's fiscal crisis has the state in a hot mess, specifically a $42 billion hole.
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Go West: CWCapital Buys Sierra Capital Partners
CWCapital has acquired multifamily lender Sierra Capital Partners in a push to expand on the West Coast.
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CTCAC Unveils Proposed LIHTC Changes
The California Tax Credit Allocation Committee has released its proposed regulation changes for 2010.
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Mercy Opens S.F. Project
Mercy Housing California held a dedication ceremony for its new 10th & Mission Family Housing development in San Francisco.