Table of Contents August 2009

FEATURES

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  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.

   
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  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.

   
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  Behind the Facade

  The failed public housing movement has left cities riddled with pockets of crime and poverty. Developers are now hailing the mixed-income model as the perfect solution to clean up cities and improve l

   

FROM THE EDITOR

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  Call to Action

  Affordable housing is in critically low supply in the United States. A special Multifamily Executive report reveals why this problem could very well be the country's next great housing crisis.

   

NEWS + NUMBERS

Stat of the Month

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  Vicious Cycle

  When multifamily construction plummets, so too does the availability of affordable housing.

   

Direct Reports

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  News Bites: August 2009

  HUD pushes healthy home agenda, report calls for better oversight of public housing agencies, and more industry news bites.

   
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  Ripple Effect

  A new study shows that millenials are hit hard by the recession.

   

• Budding Relationship

  Tax credit developers are increasingly turning to the Federal Housing Administration as they get set to ramp up long-dormant projects.

   
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  Rehab Renewals

  To entice renters, the Memphis, Tenn.-based REIT isn’t offering a few dollars off the rent or throwing in a DVD player upon renewal; it’s offering an upgraded unit.

   

• Smart Choice

  More developers are giving wood-frame construction a second thought.

   

Regional

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  Nature’s Course

  Greenwich, Conn., gets hammered by job losses but short- and long-term demographics bode well for the city's apartment market.

   

SALES + SOLUTIONS

New Developments

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  One of a Kind

  A new Dallas apartment community sets itself apart from the pack.

   

Tech Specs

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  Perfect Partnership

  Vendor-hosted, Web-based apps help solve construction and portfolio management challenges in the affordable sector.

   

PRODUCT STUDIO

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  Budget Friendly

  Owners choose stylish appliances at entry-level prices.

   

LANDMARKS

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  Landmarks: Maple Terrace Apartments, Dallas

  Maple Terrace Apartments in Dallas is best known for its famous residents.