HUD to Award $25 Million in Rural Areas
The Department of Housing and Urban Development (HUD) announced the availability of $25 million in grants to help rural and tribal communities address distressed housing conditions and concentrated poverty.
Looking Up From the Bottom
For many in the affordable housing industry, 2009 was the worst year they had ever seen.
From Homeroom to Home
BALTIMORE Young teachers coming to work in the public school system here have found a home at Miller's Court, a new mixed-use development built with them in mind.
Treasury Announces Support for HFA Bond Programs
Responding to credit market problems that have hampered housing finance agency (HFA) bond programs, the Treasury Department has announced an initiative to support new housing bonds and help HFAs carry existing bonds.
Andrew I. Crossed has become a partner and executive vice president of Conifer Realty, a Rochester, N.Y.-based aff ordable development and management company operating in a fourstate region.
Rafael Cestero is commissioner of New York City's Department of Housing Preservation and Development (HPD), the nation's largest municipal developer of affordable housing.
The Chase for Funds
Seattle voters did it again, passing a seven-year, $145 million housing levy in November.
Best of the Best
SAN FRANCISCO 990 Polk Street has taken the city's neediest seniors off the streets and given them new apartments. That alone is enough, but the 110-unit development also serves as an example of a project that is tapping new financing sources and serving as a model for green building.
Preparing for 2010
Developers will find tougher underwriting standards as well as a greater emphasis on project readiness when states reserve their low-income housing tax credits (LIHTCs) next year.
Developer Creative in New Green Project
BRONX, N.Y. For Bronx Pro Real Estate Management, it's not just about building an eco-friendly affordable housing development.