More LIHTC Guidance Issued
The Treasury Department and Department of Housing and Urban Development (HUD) have issued additional guidance on the low-income housing tax credit (LIHTC) exchange program and Tax Credit Assistance Program (TCAP), with Treasury solving one major problem for credit swap participants by extending the...
Inspiring a Change in Public Housing
ATLANTA The city isn't the same since RenÃ©e Lewis Glover arrived.
The Big (Un)Easy
NEW ORLEANS On Aug. 27, ceremonial shovels hit the dirt at Lafitte Street, as the redevelopment of the Lafitte public housing complex got under way.
Green Building Sprouts in Detroit
DETROIT Partners nonprofit Northwest Detroit Neighborhood Development, Inc.
SPRINGFIELD, ILL. The Cook Street Renaissance has opened to provide homes for 19 people who were homeless or at risk of being homeless and persons with disabilities.
Preservation Priority for HUD
WASHINGTON, D.C.—I am delighted to serve as a guest editor of AFFORDABLE HOUSING FINANCE, particularly because this issue’s focus is on housing preservation, which is so closely aligned with our work at the Department of Housing and Urban Development (HUD).
Goldman Sachs Plans for Growth
NEW YORK The Goldman Sachs Group has stepped up to fund several notable low-income housing tax credit (LIHTC) transactions, a sign of the company’s growing community development business.
Hope and Worry
Here's the good news: Deals are moving again. Developers in South Central states are closing the financing and starting construction on scores of stalled affordable housing projects throughout the region.
The Case for Preservation
One of the best arguments for preserving affordable housing emerges out of the wreckage left by the housing and financial crisis.
HUD Dream Team
Shaun Donovan has taken over the Department of Housing and Urban Development (HUD) in the midst of a housing crisis that saw 1.5 million properties fall into foreclosure in the first half of the year, a doubledigit increase from the first six months of 2008.