As host of the 2012 Super Bowl, the City of Indianapolis has established an Indianapolis 2012 Super Bowl Legacy Project. Part of this project is the development of 32 new, affordable housing opportunities (one for each NFL team) and the …
On August 22, 2011, the Federal Housing Administration (FHA) had endorsed $10.5 billion in multifamily rental housing loans since October 2010 (counting only 10.5 of the 12 month fiscal year). Breaking the $10 billion threshold for only the second time …
Two short years ago, many low-income housing tax credit (LIHTC) development deals couldn’t get done because of the lack of investor capital. Today, we see a major shift in equity funding for all types of development deals. How can the …
The Department of Housing and Urban Development (HUD) announced a new program that will allow owners of existing affordable rental housing developments to refinance into new mortgages that include funding for energy-efficient upgrades. This program allows for lower debt service …
In the June 2011 Affordable Housing Finance publication, three key questions about the low-income housing tax credit (LIHTC) are discussed: 1) What will Congress do? The LIHTC program has been successful since its inception in 1986, it could fall victim …