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More stories about Legislation

  • 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.

  • 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).

  • Praying for Cranes

    For many affordable housing lenders, 2009 will be remembered as a year not worth remembering.

  • 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...

  • 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.

  • JLC Report

    Massachusetts requires continuing education for relicensing; FEMA’s redrawn flood maps boost insurance rates; California grapples with net-metering policy; more