Giving and Taking Away
While Freddie Mac's debt offerings continue to feature attractive rates, the company's potential sale of its low-income housing tax credit (LIHTC) portfolio has sent chills throughout the affordable housing industry.
Hope and Worry
Here's the good news: Deals are moving again. Developers in South Central states are closing the financing and starting construction on scores of stalled affordable housing projects throughout the region.
Goldman Sachs Plans for Growth
NEW YORK The Goldman Sachs Group has stepped up to fund several notable low-income housing tax credit (LIHTC) transactions, a sign of the company’s growing community development business.
More LIHTC Guidance Issued
The Treasury Department and Department of Housing and Urban Development (HUD) have issued additional guidance on the low-income housing tax credit (LIHTC) exchange program and Tax Credit Assistance Program (TCAP), with Treasury solving one major problem for credit swap participants by extending the...
The Case for Preservation
One of the best arguments for preserving affordable housing emerges out of the wreckage left by the housing and financial crisis.
McEvoy Victorious for the LIHTC
The low-income housing tax credit (LIHTC) has had many struggles throughout its existence, not just the one that is affecting the affordable housing industry today.
Syndicator Eyes Return to Market
BOSTON Boston Financial Investment Management is preparing its first low-income housing tax credit (LIHTC) fund since its change from MMA Financial.
Keep Your Eyes Peeled
As the banking industry continues to struggle through the recession, access to construction capital isn’t getting any easier.
Turning Away from Fannie Mae
A s affordable housing developers get set to ramp up dormant projects, Fannie Mae's high rates on forward commitments are forcing many to look elsewhere for debt.
Hopes Ride on Strong Second Half
Low-income housing tax credit (LIHTC) syndicators are counting on a strong finish after a slow first half to open the year.