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More stories about Developers

  • Top 10 Tips to Go Green

    Based on dozens of interviews with developers, engineers, and investors, here are AFFORDABLE HOUSING FINANCE's top 10 practical green building tips.

  • Volatile Investment Market Prompts Warning on Pricing

    First came the chill left by the retreat of several leading low-income housing tax credit (LIHTC) investors.

  • Developers Rescue State Public Housing

    GREAT NECK, N.Y. - The people who live at Spinney Hill Homes here need some help. Their 50-year-old apartments are falling apart around them.

  • A Flight Toward Certainty

    While many lenders are experiencing declining volumes and tightening their underwriting standards in the first quarter of 2008, the Federal Housing Administration (FHA) is having a resurgence.

  • Turbulence Ahead

    Fannie Mae and Freddie Mac lenders are used to rushing to close deals at the end of the year, but December 2007 was crazier than usual.

  • Developers Choose Swaps for Security

    Swaps have taken over from caps as the first choice of price-conscious borrowers using loans funded by tax-exempt bonds.

  • Philadelphia Turns to Housing

    PHILADELPHIA - About once a month, Milton Pratt gets an invitation to visit a vacant lot or field of rubble in North Philadelphia.

  • New York’s HFA Focuses on Affordability

    HAMBURG, N.Y. - Workers began to renovate both the apartments and common areas at Creek Bend Heights Senior Apartments in August, adding new windows and a new roof to the 43-year-old building.

  • Nightmare at Pond View Village

    GLOUCESTER, MASS. - Bob Gillis has learned the hard way about the risks of building and selling highend condominiums. “It’s a tough business, and you have to have the nerves for it,” he said.

  • Affordable Housing Feels the Pain

    While the housing crisis has focused on the mortgage meltdown, serious trouble has also settled over the affordable housing sector this year.