A number of the mistakes made by developers are the same that have been made for years
NEW ORLEANS—While a marching band played ragtime and former residents cheered, New Orleans Mayor Ray Nagin cut the ribbon to open 30 rebuilt seniors apartments at Wisdom Manor in January.
How to Survive Tough Times
The stakes are raised this year for affordable housing developers.
Looking for a Deal? Public Housing Has Billions to Spend
In February, Congress handed public housing authorities $4 billion for capital needs as part of the stimulus package, and billions more may be allocated this year through the appropriations process.
The New Colonias
SAN JUAN, TEXAS—Homes made of scavenged wood line the streets of some subdivisions here, where very poor “homeowners” can be thrown out on almost any pretext.
Developers Migrate to FHA
With conventional construction lenders reluctant to fund new apartment projects and take-out mortgage lenders sticking with conservative leverage levels, many market-rate developers are gravitating toward the program known as “(d)(4).”
San Diego— On the morning of Feb. 11, the street was packed in front of a new 12-story high-rise here.
After the Flood
Drivers along Interstate 10, tracing the Gulf Coast from the Florida panhandle through Alabama to Mississippi, can still see wreckage left behind by the hurricanes of 2005
Developers Weather the Storm
Affordable developers have struggled for years to fill vacant lots and repair abandoned buildings in the low-income neighborhoods of aging Northeastern cities.
Enterprise’s Donahue Announces Retirement
Enterprise Community Investment, Inc., has announced the planned retirement of President and CEO Jeffrey H. Donahue, effective April 15.