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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.
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Harlem Renaissance
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).
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The Top 10 Affordable Housing Lenders of 2009
Bank of America claims the leadership position on Affordable Housing Finance's exclusive Top Lenders survey, leaping over Citi Community Capital for the first time in our third annual installment. In all, 2009 was an extremely challenging year, as nine of the top 10 lenders saw declines due to the...
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Affordable Housing's Bottleneck is Lack of Construction Debt
As the tax-credit exchange program continues to gather steam, many developers find that the biggest impediment to breaking ground is finding the debt.
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Massachusetts requires continuing education for relicensing; FEMA’s redrawn flood maps boost insurance rates; California grapples with net-metering policy; more
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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.
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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.
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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.
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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
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New LIHTC Syndication Firm Forms
A new low-income housing tax credit syndication (LIHTC) firm has entered the scene.