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More stories about Finance

  • 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.

  • States Expect Tough Bond Financing Environment

    Global warming has yet to hit the affordable housing tax-exempt bond market.

  • Bracing for 2009

    The affordable housing industry can't undo the train wreck that was 2008. It can only hope to take the first steps toward recovery in 2009.

  • Can Dimmer Switches Save Energy?

    Q: We know that compact fluorescents deliver energy savings, but how about dimmer switches? The assumption is that homeowners will use them to turn down lights to save money — but do they actually save energy?

  • Surviving the Recession

    We’re in the midst of unprecedented uncertainty in the financial markets, and consumer confidence is the lowest it’s been in a long time. It seems that no one really knows what’s going to happen.

  • Brace Yourself

    The capital markets grew more uncertain every day heading into the fourth quarter.

  • Midwest Developers Struggle to Find Funds

    The capital markets meltdown is affecting all sectors of the affordable housing industry, and nowhere is this more evident than the Midwest.

  • PEOPLE

    Kimberly Latimer-Nelligan has been hired as the chief operating officer for the Low Income Investment Fund (LIIF).

  • LIHTC Awards Made

    State housing finance agencies across the West have been busy reserving their 2008 low-income housing tax credits (LIHTCs), and they are in line to receive even more credits following the recent passage of the Housing and Economic Recovery Act of 2008.

  • Syndicators Predict Better But Still Restrained Second Half

    Low-income housing tax credit (LIHTC) syndicators remain subdued about the second half of the year after a tough first six months marked by reduced investor equity and sagging prices to affordable housing developers. Although a few syndicators anticipate more money entering the market before the...