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More stories about 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.


    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...

  • Democrats Feature Housing, Urban Policy in Platform

    The Democrats call their 2008 party platform "Renewing America's Promise," and they have made affordable housing and community development an important part of that pledge.