Finding Shelter

The market decline of the low-income housing tax credit has forced affordable housing developers to get incremental in their search for gap financing. But can any solution repeat the success of the 23-year-old LIHTC program?

Faced with plummeting prices and an exodus of investors, the market for low-income housing tax credits (LIHTCs) is at a historic nadir.

 

Debt and Equity Trends

 

More Subjects in Debt and Equity

Finance

Lenders

Credit

Loans

Mezzanine Financing

CMBS

  • Does the CMBS Revival Have Staying Power?

     
  • Election Guide

    Whoever occupies the White House and Congress next year will encounter a host of isssues critical to the apartment industry. Will they act, or punt once more?

     
  • Bethany Maryland in Distress Again

    Two years ago, the Bethany Maryland Portfolio went into special servicing and was modified. Now, it’s back. Patch.com cited Trepp data, reporting that the $296.6 million portfolio is back in the delinquency category. Will other CMBS portfolios follow?

     
  • Freddie's CME Has Some Growing Pains

    As the Capital Markets Execution program matures, some speed bumps are being felt on the back end of the process in the servicing of the loans.

     
  • Multifamily Delinquencies Rise

    Not everything is so sunny in the apartment business. The latest report from Trepp says delinquencies are moving up fueled by loans made in 2007.