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More stories about Legislation

  • 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).

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.