Low-Cost Housing a Challenge for Midwest Developers
Familiar local issues combined with recent changes to federal programs are making the Midwest affordable housing markets more challenging for area developers.
The Supportive Housing Boom
BROOKLYN, N.Y.—A developer here is doing something smart: Adding supportive-housing units to an affordable housing property. Thanks to state incentives, this move is helping to offset development costs.
Rehabbing existing properties and building more rural and workforce housing have become prime concerns of developers in Texas and other South Central states.
More than 80 affordable housing experts will bring their extensive expertise and knowledge to the table at AHF Live: The 2007 Tax Credit Developers’ Summit, to be held Oct. 24-26 in Chicago.
The Case for Building Green
or years, many developers thought of “green” and “affordable” as incompatible.
It Takes a Village
WILMINGTON, DE. - The Eastlake neighborhood was known as “the Bucket.”
Developers Reveal the Costs of DoingBusiness
Most affordable housing owners and developers expect construction costs to increase between 0 percent and 9 percent, longterm permanent loan rates to remain flat, and low-income housing tax credits (LIHTCs) to fetch an average price of about 94 cents per dollar of credit this year.
Three’s a Charm
On July 23, 2006, The Miami Herald dropped a bombshell.
Affordable Housing Alchemy
Developers across the country face fierce competition for 9 percent low-income housing tax credits (LIHTCs), with 19 states last year reporting that demand for the credits was more than twice the supply, data gathered by AFFORDABLE HOUSING FINANCE shows.
Five New Sessions Slated for AHF Live
Affordable housing developers and government agency housing staff will come together for AHF Live: The 2007 Tax Credit Developers’ Summit from Oct. 24 to 26 in Chicago