Mercy Housing Unveils Five-Year Plan
DENVER—Mercy Housing announced an ambitious five-year plan that will guide the nonprofit toward developing, preserving, and financing 60,000 affordable multifamily rental homes.
Housing Finance Reform Conference Set for Aug. 17
Fresh on the heels of President Obama signing legislation to reform Wall Street, federal officials are turning their attention to revamping the housing finance systems.
Choosing the Best Debt Financing Strategy in an Unpredictable Market
While the ultra-low interest rate environment is prompting many owners to deleverage, the market’s volatility is forcing much more conservative underwriting, said panelists at “Choosing the Best Debt Financing Strategy in an Unpredictable Mark
Finding and Navigating Construction Capital
Access to construction capital is starting to loosen up, but the process of structuring a construction loan and putting together a feasible capital stack has become trickier, according to panelists at AHF Live: The 2010 Affordable Housing Developers Summ
A 2011 Glance at LIHTC Allocations
Deals that can get across the finish line.
Boston Financial Closes First Fund
Boston Financial Investment Management announced the closing of its first low-income housing tax credit (LIHTC) investment fund, BF Advantaged Tax Credits I.
CPC, IBM Team Up on Construction Financing Software
The Community Preservation Corp. (CPC), a nonprofit affordable housing lender for the New York City area, is finally getting rid of its spreadsheets.
The Long Haul
RAINTREE PARTNERS’ CEO Jeff Allen pegs Mountain View Apartments as a perfect value-added multifamily play.
2010 Apartment Finance Today Conference Promises Insight Into GSEs, Distressed Assets
Throw out everything you thought you knew about the capital markets: Today’s owners and developers are facing a new world order in their search for the best debt and equity deals.
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.