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.
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.
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.
FHA 221(d)(4) Changes to Impact Some Affordable Deals
While the changes to the FHA's Sec. 221(d)(4) new construction program are aimed at market-rate deals, mixed-income and workforce housing developments will also be impacted.
End of an Era? Sec. 202’s Fate is Uncertain.
The future of HUD’s Sec. 202 initiative is in doubt, as the 61-year old program suffers budget cuts and a proposed moratorium on new construction.
Freddie Keeps Tax Credits, Focuses on Preservation
Freddie Mac has no plans to sell its low income housing tax credit portfolio, and will spend the year focused on preservation deals as it struggles to lower the rates on forward commitments.
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
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.