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More stories about Finance

  • Syndicator Eyes Return to Market

    BOSTON Boston Financial Investment Management is preparing its first low-income housing tax credit (LIHTC) fund since its change from MMA Financial.

  • 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 May Get More Money

    Congress seems poised to approve a fiscal 2010 Department of Housing and Urban Development (HUD) appropriations bill (H.R. 3288) that provides more money for key programs than the Obama administration requested.

  • Worries Grow Over Major Portfolio Sales

    The possibility of Freddie Mac and Fannie Mae selling a large portion of their lowincome housing tax credit (LIHTC) portfolios looms over the struggling tax credit market.

  • Latent Power

    Sometimes, the answer to your software needs might be hiding in plain sight.

  • Affordable, If You Can Find It

    While construction financing remains relatively affordable, fewer deals are penciling out these days, and underwriting standards continue to tighten.

  • Obama Outlines Spending Plans

    President Barack Obama has outlined a fiscal 2010 budget that provides more funding for federal housing programs, including $1 billion for the national Affordable Housing Trust Fund.

  • Making Room for Green

    DEERFIELD BEACH, FLA.—While other developers are tightening their corporate belts, Carlisle Development Group found a surplus in the construction budget for its Tallman Pines redevelopment big enough to try green building, thanks to conservative budgeting and boom-time tax credit prices.

  • People

    Richard L. McQuady has been named CEO of Kentucky Housing Corp.

  • Credit Crisis Squeezes Deals

    Affordable housing developer Volunteers of America (VOA) had to switch lenders twice before it could sell tax-exempt bonds backed by the loan to Sierra Manor, a Sec. 202 community affordable to lowincome seniors in Reno, Nev.