Oklahoma Sees First ARRA Project
ADA, OKLA.— The renovation of a 56-unit development here nearly came to a halt as the economy tanked, but Red-Wood Development was able to complete the work this year with the help of federal stimulus dollars.
Congress Pushes to Raise Foreign Investment Levels in Real Estate
The Real Estate Jobs and Investment Act, which seeks to raise the amount a foreign entity can invest in REITs, recently passed the House and is awaiting consideration in the Senate.
Financial Reform Act's Impact on Multifamily Borrowers Yet to be Seen
The Dodd-Frank Wall Street Reform and Consumer Protection Act will effect both banks and conduit lenders. But as regulators struggle to reconcile the Act's principles with real-world rules, those effects won't be known for some time.
PORTLAND, MAINE— Florence House is a haven for homeless women. In simple terms, the project provides a roof over people's heads.
SAN LEANDRO, CALIF.— The acquisition and rehab of Ashland Village started out as a no-brainer for Eden Housing, Inc., says Executive Director Linda Mandolini.
MESCALERO, N.M.— The name I-Sah'-din'-dii means “drumbeat” in Apache.
Expanded Roundtable: HFA Executives Assess Equity Scene
Executive directors from five state housing finance agencies (HFAs) share their insight on the equity market and the key moves they are making to boost affordable housing production.
The NRP Group has employed tax-exempt bonds on many new developments throughout its 15-year history.
D4 Changes Squeeze Deals
Affordable housing developers are leaving no stone unturned in their search for construction debt.
Google Jumps into the LIHTC Market
Google has stepped into the low-income housing tax credit (LIHTC) market by investing in a pair of California developments.