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Housing crisis; code approval for roll-in showers; a livable wage; no back-priming required
Entrepreneur alert; cedar ridges
The Community Preservation Corp. has partnered with IBM on a new construction loan program that should help borrowers get thier money more quickly. The companies are planning to bring the software to market with the hope that the software will make it more feasible for more lenders to offer...
As the tax-credit exchange program continues to gather steam, many developers find that the biggest impediment to breaking ground is finding the debt.
Restoration ethic questioned
NEW YORK CITY—Singer Cyndi Lauper is one of the forces behind a trailblazing affordable housing development that’s under construction in Central Harlem.
California officials and representatives of Citi have come up with an innovative plan to restart construction lending for affordable housing projects in the state.
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.
Access to construction capital is starting to loosen up, but the process of structuring a construction loan and putting together a feasible capital stack has become trickier, according to panelists at AHF Live: The 2010 Affordable Housing Developers Summ
Affordable housing developers continue to face limited options when looking for construction debt.
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