What Challenges Will Affordable Housing Face in 2025?
Dec 23, 2024 · Every year brings new opportunities and obstacles for the affordable housing industry. Affordable Housing Finance asked several members of its editorial advisory board and other key leaders to share what they think will be the biggest challenge for the sector in 2025.. Ronne Thielen, executive vice president and director of public policy and advocacy, R4 Capital: “Our challenge is to keep up ...
Trump Announces His Pick for HUD Secretary - housingfinance.com
Nov 23, 2024 · During Trump’s first term, Turner led the White House Opportunity and Revitalization Council, which aimed to enhance the coordination of federal economic development resources in Opportunity Zones and other distressed communities.
House Passes Tax Package With LIHTC Improvements - Housing …
Feb 1, 2024 · Much of the attention has been on the bill’s expansion of the child tax credit, but the package also includes two important measures from the Affordable Housing Credit Improvement Act—restoration of a 12.5% allocation increase to the LIHTC program that expired at the end of 2021 and a reduction from 50% to 30% of the amount of private-activity bond financing required to access the 4% ...
2024 Outlook: Q&A With Daryl Carter - Housing Finance
Feb 2, 2024 · Read a Q&A with Daryl Carter, the head of Avanath Capital Management, who shares his expectations for the affordable housing market and more.
PHFA Awards LIHTCs and Other Funding for Nearly 2,000 …
Jul 15, 2024 · The Pennsylvania Housing Finance Agency (PHFA) has announced funding for the construction or rehabilitation of 1,916 rental units, of which 1,801 will be affordable to households at or below 60% of the area median income.
Partnership Acquires 90 Affordable Housing ... - Housing Finance
Apr 20, 2023 · Read about the $1.2 billion acquisition of 90 affordable housing developments by a partnership involving The Michaels Organization, the Urban Investment Group within Goldman Sachs Asset Management, and the Community Development Trust.
Affordable Housing Portfolio Sells in New Mexico
Nov 14, 2024 · A 220-unit affordable housing portfolio in Las Cruces, New Mexico, has recently sold, reported Greysteel, a commercial real estate and capital markets services firm.
Amazon Housing Equity Fund Opens New Round - Housing Finance
Aug 21, 2024 · Amazon is starting a new round of funding to help developers create or preserve multifamily affordable housing across the company’s hometown communities—Washington state’s Puget Sound region, the Arlington, Virginia-Washington, D.C., area, and Nashville, Tennessee.
Magazine - Housing Finance
Housing Finance, powered by Affordable Housing Finance magazine, provides the tools and best practices for financing, developing, and operating affordable rental housing.
Neighborhood Development Co. to Shut Down After 25 Years
Sep 9, 2024 · Citing difficult market conditions over the past few years, Neighborhood Development Co. (NDC) said it and its affiliates will cease operations as of Sept. 30.