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
Case Challenges California’s InclusionaryHousing Laws
Affordable housing advocates in California are keeping a close eye on local housing laws this year after a developer won a major victory in his challenge of a Los Angeles plan.
Donovan: HUD’s 2011 Budget ReassertsCommitment to Rental Housing
The Department of Housing and Urban Development’s (HUD) proposed 2011 budget delivers a message, said Secretary Shaun Donovan.
Hagan Becomes AHTCC President
Joe Hagan, president and CEO of the National Equity Fund, Inc., is the new president of the Affordable Housing Tax Credit Coalition (AHTCC).
Bill to Extend Exchange Program Introduced
The Low-Income Housing Tax Credit Exchange Expansion and Job Creation Act of 2010 has been introduced by Rep. Linda Sánchez (D-Calif.).
Don’t Be Afraid to Protest Property TaxAssessments
Low-income housing tax credit (LIHTC) property owners must monitor their tax valuations without fail, especially given the current economic climate.