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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
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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.
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Orlando Rentals Battered
Orlando, Fla.—In August 2008, 40 people who had signed pre-sale contracts at the Paramount on Lake Eola, a new high-rise condo tower here, unsuccessfully sued to try to get their deposits back, according to local news reports.
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On the Line
Charlotte, N.C.—Approximately 1,200 multi family units in four developments are going up within about a half-mile of each other along the city's new lightrail line.
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Multifamily Construction Financing Search Leads to FHA
What’s old is new again.
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FHA Courts Affordable Housing Developers
Tax credit developers are increasingly turning to the Federal Housing Administration as they get set to ramp up long-dormant projects.
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Affordable Deals Struggle
Affordable housing developers expect 2009 to be even tougher than last year as the lowincome housing tax credit (LIHTC) market struggles to find equity investors.
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While the Iron Is Cold
First, the bad news: Developers will find it more difficult to pencil new deals.
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States Expect Tough Bond Financing Environment
Global warming has yet to hit the affordable housing tax-exempt bond market.
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LIHTC's Turbulent Ride Expected toContinue
Robert Thal didn’t receive a single bid when he put his low-income housing tax credit (LIHTC) deals on the market at the beginning of 2008.