HUD Prepares a Plan to Struggling HFAs
A federal plan aimed at helping boost housing finance agencies (HFAs) is in the final stages of being prepared, according to an official at the Department of Housing and Urban Development (HUD).
AFFORDABLE HOUSING FINANCE Announces 2009 Young Leaders
Affordable Housing Finance is honoring 12 hardworking and dedicated individuals who are among the next generation of affordable housing and community development leaders.
California Grabs Redevelopment Money
A lawsuit is brewing in California over a state budget package that takes $2.05 billion from redevelopment agencies in the next two years.
Two Organizations Win Wachovia NEXT Awards
Two of the nation’s top Community Development Financial Institutions (CDFIs) will be recognized with the 2009 Wachovia NEXT Awards for Opportunity Finance.
Answering the Call for Vets Housing
BEDFORD, MASS.—Bedford Veterans Quarters is one of the few permanent housing opportunities for homeless veterans created in greater Boston in more than 10 years.
HUD's New Multifamily Czar Carol Galante to Focus on Rental Housing Financial Support, Sustainability Initiatives
Carol Galante, a recognizable and progressive thought leader within affordable and multifamily housing circles, was named deputy assistant secretary of multifamily housing at the U.S. Department of Housing and Urban Policy (HUD) Tuesday by President Barack Obama.
Multifamily Construction Financing Search Leads to FHA
What’s old is new again.
Apartment Finance Today Conference Sets the Stage for 2009
Multifamily movers and shakers gathered in Phoenix, Ariz., last week to kick off the three-day Apartment Finance Today Conference.
Capmark Finance Teeters On the Verge of Bankruptcy
Some of the multifamily industry’s largest lenders, including Washington Mutual, Wachovia, and Column Financial, have fallen from grace in the past year.
Short-term interest rates have fallen steeply from their highs in September, making construction financing more feasible.