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The Financing Puzzle
After a depressing 2009, the affordable housing industry needed some cheering up. And several encouraging trends did emerge this year.
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What's Ahead for LIHTC Allocations
Deals that can get across the finish line.
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LIHTC Prices on the Rise
The return of investor capital has meant a swift and dramatic rise in the price of low-income housing tax credits (LIHTCs) going into 2011.
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Looking Forward
RALEIGH, N.C.—State officials here are done worrying about the credit crisis, which stranded hundreds of affordable housing developers without investors to buy their low-income housing tax credits (LIHTCs).
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Vacant Offices Become Housing
FITCHBURG, MASS.— An old five-story office building has been renovated into 31 apartments, including eight affordable units, with the help of historic and New Markets Tax Credits (NMTCs).
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Outlook Uncertain for Tax Bill
Congress appeared headed for adjournment for the November elections without taking final action on a tax extender bill that includes a number of critical housing-related provisions, including funding for the national affordable housing trust fund and a re
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Southeast Update
Construction started this summer on Heritage at McDonough, a 105-unit community for low-income seniors in McDonough, Ga., a growing suburb of Atlanta that is expected to nearly double its seniors population in the next 15 years.
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The 2010 Readers' Choice Green Finalists
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More Equity Flows into LIHTC Market
Low-income housing tax credit (LIHTC) pricing will increase or, at the very least, hold steady for the next several months, according to a survey of 17 national and regional syndicators.
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LIHTC Properties Spark Economic Gains
LOW-INCOME HOUSING tax credit (LIHTC) developments significantly boost surrounding property values, according to a new study that examined the economic impact of affordable housing in New York City.