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More stories about Projects

  • Union Square

    Union Square in the heart of New York City has long been a central gathering place for individuals and families for relaxation, play, performance, and social protest. The density of this urban space is further enhanced as a result of the major subway transit hub located under the park, and the...

  • GEORGIA

    ATLANTA—Georgia expects to see projects that preserve existing affordable housing properties take up a larger share of its low-income housing tax credit (LIHTC) authority over the next couple of years, as the number of properties aging out of their LIHTC restrictions rises.

  • VIRGINIA

    RICHMOND—Developers will have to do more to win low-income housing tax credits (LIHTCs) in Virginia in 2008.

  • KENTUCKY

    FRANKPORT—Projects centered on preservation of existing housing stock and green construction methods will be the focus of the Kentucky Housing Corp.’s (KHC) 2008 qualified allocation plan.

  • NEW MEXICO

    ALBUQUERQUE—Affordable housing developers in New Mexico requested more than $11.7 million in 9 percent low-income housing tax credits (LIHTCs) this year. Seven projects received about $4.94 million in LIHTC reservations.

  • RHODE ISLAND

    PROVIDENCE—Dorothy Boisseau has already driven out to visit all nine of the project sites that applied for 2008 low-income housing tax credits (LIHTCs).

  • WYOMING

    CASPER—The Wyoming Community Development Authority (WCDA) is emphasizing the location of affordable housing developments in the draft of its 2008 qualified allocation plan (QAP).

  • SOUTH CAROLINA

    COLUMBIA—South Carolina is revising its 2008 qualified allocation plan (QAP) for low-income housing tax credits (LIHTCs) to beef up its criteria for rehabilitation projects and offer extra points to developers with experience working with LIHTC-financed projects.

  • VERMONT

    BURLINGTON—Applicants for low-income housing tax credits (LIHTCs) in Vermont next year will have to meet tough new green design standards, according to the draft 2008 qualified allocation plan (QAP).

  • Bond Demand On the Upswing

    Demand for tax-exempt bonds to finance multifamily projects is on the upswing, and will rise even further in 2008, according to industry observers.