Growing a Green Mortgage
Freddie Mac has taken a big step toward offering a green rehab mortgage through a partnership with nonprofit lender Community Preservation Corp. (CPC).
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.
Syndicators Report Improved LIHTC Market
An increased flow of low-income housing tax credit (LIHTC) equity led to a better-than-expected first six months of the year for many tax credit syndicators.
CTCAC Offers Reminder for Sec. 1602 Deals
The California Tax Credit Allocation Committee (CTCAC) issued an important notice to developers who have received Sec. 1602 tax credit exchange funds.
Google Expands Its LIHTC Investments
Google, the popular search engine company, is investing more funds into the low-income housing tax credit (LIHTC) market.
Raymond James and BOKF Fund Two Projects
Raymond James Tax Credit Funds announced it has recently partnered with the BOKF Community Development Fund, a Bank of Oklahoma subsidiary focused on economic development and affordable housing, to provide $6.9 million in low-income housing tax credit (LI
HUD Programs See Funding Boost
Several Department of Housing and Urban Development (HUD) programs have received funding increases in fiscal 2010, including Sec. 8, public housing, homeless assistance, and community development.
IRS: No LIHTC National Pool
There is no unused low-income housing tax credit (LIHTC) carryover for a national pool in 2010, announced the Internal Revenue Service.
Challenges Expected from New Congress
The low-income housing tax credit (LIHTC) industry is in for a battle next year as a new Congress takes office.
Looking Up From the Bottom
For many in the affordable housing industry, 2009 was the worst year they had ever seen.