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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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Face Off
THE PATH THAT FANNIE MAE and Freddie Mac follow out of conservatorship will be guided by the results of the mid-term elections.
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Fate of Fannie, Freddie Hinges on Midterms
A Republican majority in the House of Representatives would have a big impact on not only the content but also the timing of future housing finance legislation.
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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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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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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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Affordable Housing Lenders to Focus on Preservation Deals in 2011
Fannie Mae, Freddie Mac, and the Federal Housing Administration will prioritize preservation deals in 2011 to capture a wave of expiring Sec. 8 and tax-credit properties.
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House Committee OKs Bills
The House Financial Services Committee has approved a housing preservation bill (H.R. 4868) aimed at maintaining the affordability of the current assisted housing stock.
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The Tax Credit Conundrum
An unfair property valuation by a local tax assessor can cripple the operation of a low-income housing tax credit (LIHTC) operation.
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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.