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.
D4 Changes Squeeze Deals
Affordable housing developers are leaving no stone unturned in their search for construction debt.
Beware of TCAP, Exchange Pitfalls
The Tax Credit Assistance Program (TCAP) and credit exchange, authorized by the American Recovery and Reinvestment Act (ARRA), saved many tax credit transactions and infused life support to the low-income housing tax credit industry at its time of most di
Praying for Cranes
For many affordable housing lenders, 2009 will be remembered as a year not worth remembering.
LIHTC Syndicators Hope for Recovery
The outlook for the low-income housing tax credit (LIHTC) market is better in 2010 than last year, according to syndicators.
The Phipps Houses Group is building 259 new affordable apartments and renovating another building with 81 units in Harlem, with the help of the Tax Credit Assistance Program (TCAP).
Raymond James, Citi Invest in S.F. Project
Raymond James Tax Credit Funds announced that it has partnered with Citi Community Capital to provide more than $25 million in low-income housing tax credit equity for a 120-unit single-room occupancy development in San Francisco.
North Dakota Approves 2010 QAP
The North Dakota Industrial Commission has approved the 2010 low-income housing tax credit qualified allocation plan for the state.
Tax Credit Exchange Hits $4 Billion Milestone
More than $4 billion in Tax Credit Exchange Program funds have been provided to help spur the development of affordable housing around the country, announced the Treasury Department.
Copeman Joins Reznick Group
Fred H. Copeman, a well-known authority in the affordable housing industry, has joined the Reznick Group. He will lead the firm’s new Tax Credit Investor Services practice, which will focus on providing due diligence and other advisory services to i