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More stories about Construction

  • Affordable Housing's Bottleneck is Lack of Construction Debt

    As the tax-credit exchange program continues to gather steam, many developers find that the biggest impediment to breaking ground is finding the debt.

  • Letters

    Restoration ethic questioned

  • Cyndi Lauper, West End Begin Project for Homeless Gay Youths

    NEW YORK CITY—Singer Cyndi Lauper is one of the forces behind a trailblazing affordable housing development that’s under construction in Central Harlem.

  • 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.

  • 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.

  • Finding and Navigating Construction Capital

    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

  • FHA 221(d)(4) Changes to Impact Some Affordable Deals

    Affordable housing developers continue to face limited options when looking for construction debt.

  • Five Tips for Winning FHA Approval on a New Construction Deal

    Compared to what’s being offered in the private sector, the rates and terms of the Federal Housing Administration’s (FHA) Sec. 221(d)(4) program for new construction loans are more than attractive. Loan-to-cost ratios can reach up to 90 percen

  • Breaking Ground: Labor Prices Help New Construction Deals Pencil Out

    While construction debt is much more limited now, construction costs have come down so much that deals are penciling out again.

  • Discouraged Equity Investors Turn to Development Opportunities

    The funds are here. The opportunities, not so much.