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POP QUIZ
MEET GARY GORMAN, president and CEO of Gorman & Co., Inc., a Wisconsin-based firm specializing in urban renewal projects.
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Developers Migrate to FHA
With conventional construction lenders reluctant to fund new apartment projects and take-out mortgage lenders sticking with conservative leverage levels, many market-rate developers are gravitating toward the program known as “(d)(4).”
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Getting real about energy efficiency
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After the Flood
Drivers along Interstate 10, tracing the Gulf Coast from the Florida panhandle through Alabama to Mississippi, can still see wreckage left behind by the hurricanes of 2005
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Rep. Frank Seeks Help For LIHTC Industry
Rep. Barney Frank (D-Mass.) wants the government to spend $10 billion to help stalled housing projects, according to The Boston Globe.
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New York Awards ARRA Funds
New York Gov. David Paterson announced $253 million in affordable housing grants through the recent American Recovery and Reinvestment Act (ARRA).
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NYC Seeks to Turn Unsold Condos into Affordable Units
Unsold condominiums, unrented apartments, and stalled construction sites will be turned into affordable housing under a new program launched by the New York City Department of Housing Preservation and Development (HPD).
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Guest Commentary: Let’s Keep the Focus onOutcomes, Not Programs
The current financial crisis offers some opportunities along with challenges, providing a unique set of circumstances that can change the affordable housing industry.
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Oregon Awards ARRA Funds to Seven Projects
Nearly $19 million in American Recovery and Reinvestment Act funds will help kick-start seven affordable housing developments in Oregon
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Smaller Profits Mean Fewer AHP Dollars
Several Federal Home Loan Banks (FHLBanks) are trying to stretch their limited Affordable Housing Program (AHP) dollars in the midst of a tough economy.