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End of an Era? Sec. 202’s Fate is Uncertain.
The future of HUD’s Sec. 202 initiative is in doubt, as the 61-year old program suffers budget cuts and a proposed moratorium on new construction.
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2010 Apartment Finance Today Conference Promises Insight Into GSEs, Distressed Assets
This year's conference, held April 12-14, will focus on recession survival strategies, the distressed asset marketplace, and agency lending.
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In recent years I’ve spent a lot of time speaking to and consulting with builders and remodelers, big and small, and I’ve noted that there’s often confusion about what types of costs go where on a financial statement.
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The Pathbreaker
The Community Builders, Inc. (TCB), is taking a unique approach to reviving neighborhoods hard hit by foreclosures.
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HUD Fiscal '11 Budget Unveiled
The Department of Housing and Urban Development's (HUD) fiscal 2011 budget includes $350 million for a new program to convert about 300,000 public housing and privately owned assisted housing units to project-based subsidies with long-t
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LIHTC Syndicators Hope for Recovery
The outlook for the low-income housing tax credit (LIHTC) market is better in 2010 than last year, according to syndicators.
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Praying for Cranes
For many affordable housing lenders, 2009 will be remembered as a year not worth remembering.
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CPC, IBM Team Up on Construction Financing Software
The Community Preservation Corp. has partnered with IBM on a new construction loan program that should help borrowers get thier money more quickly. The companies are planning to bring the software to market with the hope that the software will make it more feasible for more lenders to offer...
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Starrett City Saga Ends
The end of the year brought some positive news for affordable housing in New York City.
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Leading the Way
MILWAUKEE PRAIRIE APARTMENTS signals a new way of providing housing in the city.