More stories about Low-Income Housing

  • Baltimore Housing Complex Will Give Low-Income Seniors a Place to Call Home

    The 100-unit complex features zoned HVAC, Energy Star-labeled windows, and Green Label-certified carpeting.

  • CWCapital Moves to Open LIHTC Syndication Program

    CWCapital will soon open a low-income housing tax credit (LIHTC) syndication business, Affordable Housing Finance has learned.

  • Freddie Keeps Tax Credits, Focuses on Preservation

    Freddie Mac has no plans to sell its low income housing tax credit portfolio, and will spend the year focused on preservation deals as it struggles to lower the rates on forward commitments.

  • Citi Brings $1 Billion to the Tax Credit Market

    Citi Community Capital has closed a $1 billion debt and equity fund to help revive the struggling low-income housing tax credit market.

  • Finding Shelter

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

  • Out of Reach

    If and when the economy recovers, rental owners will be looking at a perfect confluence of events—a shortage of available entry-level housing units; a boom in demand driven largely by Millennials; and the ability to push rents to astronomical highs.

  • Top Priorities in Housing Policy for 2009

    Policy watchers task the Obama administration with rebuilding HUD, managing Fannie Mae and Freddie Mac, juicing up the low-income housing tax credit market, and addressing green building.

  • Coalition Seeks Protection for Renters in Foreclosed Properties

    More than 20 percent of properties facing foreclosure nationwide are multifamily and single-family rentals, according to a new report from the Washington, D.C-based National Low Income Housing Coalition.

  • Mike Costa and Partners Buy Simpson Housing Portfolio

    Deal involves the acquisition of a portfolio of 270 properties, with 27,000 low-income housing tax credit (LIHTC)) apartments throughout the United States and Puerto Rico, plus eight properties that are ready to begin construction this year.

  • Saving Grace: Sister Lillian Murphy

    Sister Lillian Murphy, Mercy's CEO for 20 of its 26-year history, is indeed a formidable force when it comes to championing the cause of low-income housing. “She's not afraid to stand toe-to-toe with congressmen,” notes Shekar Narasimhan, managing partner for Beekman Advisors, a Virginia consulting...