The Low-Income Housing Tax Credit (LIHTC) is the federal government’s primary program for encouraging the investment of private equity in the development of affordable rental housing for low-income households.
Tag: LIHTC
NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations
NeighborWorks Capital, a national non-profit Community Development Financial Institution (CDFI), has partnered with National Equity Fund (NEF), a leading non-profit multifamily, affordable, real estate...
The Michaels Organization Reveales New Affordable Senior Housing Community to Replace Ablett Village in...
The Housing Authority of the City of Camden (HACC), The Michaels Organization, and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) cut the...
80-Unit Affordable Senior Housing Ilda’s Overlook Opens in Fairfax
Arlington Partnership for Affordable Housing (APAH), the Fairfax County Redevelopment and Housing Authority (FCRHA), and Fairfax County officials celebrated the opening of Ilda’s Overlook...
New Section 8 income rule would cap rent growth for LIHTC properties
On January 9, HUD proposed changes to how they calculate Section 8 income limits. The summary of the change as posted on the Regulations.gov...
Commonwealth Development Corporation and WNC & Associates to Build Affordable Housing Community Pacific Flats...
Commonwealth Development Corporation and WNC & Associates have teamed up to build Pacific Flats, an all-new affordable housing community in Phoenix, Oregon. The property...
Evergreen Real Estate Group Completes 120-Unit Affordable Assisted Living Community Green Oaks of Goshen...
Evergreen Real Estate Group announced the completion of Green Oaks of Goshen, a four-story, 120-unit assisted living community for low-income seniors in Goshen, Indiana....
Merchants Capital Provides More Than $103M in Financing for the Rehabilitation of Affordable Island...
The Chicago office of leading financial services provider Merchants Capital announced that it provided more than $54 million of debt and $49 million in...
NMHC responds to Biden’s SOU remarks on housing supply
NMHC urges lawmakers at all levels of government to enact policies and programs that will expand housing supply, which experts agree is the solution...
INFOGRAPHIC: More LIHTC
A bipartisan tax deal sets a path for more affordable rental units. Part of the broader Tax Relief for American Families and Workers Act...
Dominium Secures Funds for 600 Glendale Affordable Housing Units, Juniper Square and 67 Flats
Dominium has rounded up the money to build two Glendale apartment communities. Merchants Capital has secured more than $86.2 million in Freddie Mac 4%...
THE CLOSER: New solutions to old problems: creating efficient and effective affordable housing...
It’s no secret that there is a nationwide housing crisis. According to the National Low Income Housing Council, “there is a shortage of more...
Hudson Valley Property Group Acquires Northgate One Property in Camden New Jersey
Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced the acquisition of Northgate Apartments, a 321-unit, 21-story family affordable housing...
BWE Secures Over $60 Million for Affordable Housing in Cities Across the South
BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling over $60 million to build, renovate, and provide...
Dominium to Resyndicate Crossings at Cape Coral with $6.1M Renovation
Dominium, a leading affordable housing owner, developer and manager announced the resyndication of Crossings at Cape Coral, a 168-unit family property in Cape Coral,...
Final Phase of BKV-Designed Upper Post Flats in Twin Cities Complete
Minneapolis-based BKV Group announced the final phase of Upper Post Flats, an affordable housing development that repurposed buildings at the landmark Fort Snelling site...
