New Bill Calls for LIHTC Exchange Extension
Senate Finance Committee Chairman Max Baucus (D-Mont.) on Dec. 2 introduced the Middle Class Tax Cut Act of 2010, which includes extending several key affordable housing programs, including the tax credit exchange.
Previous survey results: 112th Congress
The key housing committees will have a different look in the 112th Congress, with a Republican-controlled House and a reduced Democratic majority in the Senate. Affordable Housing Finance recently asked readers how they think these changes will impact the
CREA Raises $63.5 Million for Indianapolis Projects
City Real Estate Advisors, Inc. (CREA), recently provided $63.5 million in low-income housing tax credit equity to the Indianapolis Housing Authority.
Industry Vets Launch LIHTC Firm
LOS ANGELES— Neil Socquet, a veteran of the low-income housing tax credit (LIHTC) industry, has formed a new syndication firm, IFG Capital.
NMTC, GO Zone Deadline Extended
The New Markets Tax Credit program has been extended for two years under a tax package signed by President Barack Obama.
Looking Up From the Bottom
For many in the affordable housing industry, 2009 was the worst year they had ever seen.
Treasury Announces Support for HFA Bond Programs
Responding to credit market problems that have hampered housing finance agency (HFA) bond programs, the Treasury Department has announced an initiative to support new housing bonds and help HFAs carry existing bonds.
HFA Executive Provides a Warning
THE LONGER the short-term fixes to the struggling low-income housing tax credit (LIHTC) market are around, the long-term problems won’t get addressed, according to one state housing agency executive.
Taking the Lead on Lead
ALTHOUGH LEAD-BASED paint has been banned for residential use since 1978, federal regulators are concerned about the potential health threat to children posed by lead-containing-dust that may be generated when lead-coated components are repaired or renovated.
Giving and Taking Away
While Freddie Mac's debt offerings continue to feature attractive rates, the company's potential sale of its low-income housing tax credit (LIHTC) portfolio has sent chills throughout the affordable housing industry.