Affordable Housing Finance Update – March 4, 2015
AHF Announces Top 25 Affordable Housing Lenders of 2014
Citi Community Capital tops list for sixth consecutive year. Read More
Bill Seeks to Establish Fixed LIHTC Rate
A bill to establish a permanent minimum rate for the low-income housing tax credit (LIHTC) will be introduced by Reps. Pat Tiberi (R-Ohio) and Richard Neal (D-Mass.). Read More
Readers’ Choice Awards Competition Opens
Affordable Housing Finance has opened its 2015 Readers’ Choice Awards. The entry period continues through March 23. Read More
Firms Offer Energy Benchmarking in 7 States
Owners and managers of affordable multifamily properties have the opportunity to understand their energy usage and determine the next steps to lower their costs. Read More
Study: Energy-Efficient Affordable Housing Pays Off in Virginia
Residents in energy-efficient affordable housing are saving more than $600 annually on their electricity bills. Read More
Pop Quiz With Deidre Schmidt
Deidre Schmidt recently became just the third CEO in CommonBond Communities’ long history. She tells us what changes she may bring to the St. Paul, Minn., nonprofit and how she got started in the business. Read More
California Assembly Leader Unveils Housing Plan
California leaders introduce an affordable housing proposal that calls for establishing a $75 fee to record certain real estate documents and increasing state housing credits by $300 million. Read More
New Website Focuses on Housing’s Impact
HowHousingMatters.org brings together the latest news and research on how housing affects families and communities. Read More
Foreclosed Property Returns as Affordable Housing
Satellite Affordable Housing Associates has revived a foreclosed Northern California apartment with help from the Neighborhood Stabilization Program. Read More
People on the Move
The latest personnel moves at Candeur Group, Great Lakes Capital Fund, Boston Financial Investment Management, Bellwether Enterprise, Pennrose, and other firms. Read More
Indiana Awards LIHTCs to 16 Developments
The $12.5 million in reservations will fund 809 housing units and could leverage up to $112 million in private development capital.Read More
Merritt Closes $61 Million Fund
Merritt’s Multi-Investor Fund XVII features six acquisition–rehab properties. As a result, the fund will help preserve 536 affordable housing units. Read More
Calendar of Events
Coming this spring: CohnReznick’s Affordable Housing Conference, the IRHP+IPED Affordable Housing Preservation Conference, the NH&RA Developers Forum, and more industry events. Read More
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