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LIHTC Prices on the Rise
The return of investor capital has meant a swift and dramatic rise in the price of low-income housing tax credits (LIHTCs) going into 2011.
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Southeast Update
Construction started this summer on Heritage at McDonough, a 105-unit community for low-income seniors in McDonough, Ga., a growing suburb of Atlanta that is expected to nearly double its seniors population in the next 15 years.
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Looking Forward
RALEIGH, N.C.—State officials here are done worrying about the credit crisis, which stranded hundreds of affordable housing developers without investors to buy their low-income housing tax credits (LIHTCs).
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Outlook Uncertain for Tax Bill
Congress appeared headed for adjournment for the November elections without taking final action on a tax extender bill that includes a number of critical housing-related provisions, including funding for the national affordable housing trust fund and a re
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The 2010 Readers' Choice Green Finalists
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LIHTC Properties Spark Economic Gains
LOW-INCOME HOUSING tax credit (LIHTC) developments significantly boost surrounding property values, according to a new study that examined the economic impact of affordable housing in New York City.
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Deadline Nears for GO Zone Projects
Billions of dollars in federal grants and tax incentives flowed to the Gulf Coast following Hurricanes Katrina, Rita, and Wilma, including more than $325 million in Gulf Opportunity (GO) Zone low-income housing tax credits (LIHTCs).
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The Tax Credit Conundrum
An unfair property valuation by a local tax assessor can cripple the operation of a low-income housing tax credit (LIHTC) operation.
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Urban Finalists
SAN FRANCISCO— Mercy Housing California has broken new ground, building the first affordable housing high-rise in the city in about 20 years.
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Special-Needs Finalists
PORTLAND, MAINE— Florence House is a haven for homeless women. In simple terms, the project provides a roof over people's heads.