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
Freddie Keeps Tax Credits, Focuses on Preservation
The low-income housing tax credit industry can breathe a little easier this year: Freddie Mac is not actively pursuing a sale of its tax-credit portfolio.
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.
FHA 221(d)(4) Changes to Impact Some Affordable Deals
Affordable housing developers continue to face limited options when looking for construction debt.
Your Comprehensive Guide to the Recent FHA Changes
Multifamily Executive and Apartment Finance Today report on the recently unveiled new requirements and proposed changes that will change how HUD—and the Federal Housing Administration—run their underwriting and lending business. The provisions
Financial Reform Act's Impact on Multifamily Borrowers Yet to be Seen
The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law July 21, will undoubtedly impact commercial real estate lending.
Congress Pushes to Raise Foreign Investment Levels in Real Estate
Foreign investors continue to circle around the multifamily industry, but it's another flock of capital that can’t seem to find a home.