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
Affordable Housing Investment Brokerage Advises On the 166-unit Heartland Housing Affordable Housing Portfolio Sale...
Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed receiver to identify and secure new owners for portions of Heartland Housing's Wisconsin...
Just A Start and Project Partners Break Ground for 52 New Street in Cambridge...
Just A Start and project partners celebrated the start of construction on 52 New Street, which will create 106 new rental homes for residents...
Dominium to Host Grand Opening for Haven at Congaree Pointe Affordable Senior Housing in...
Dominium, a leading affordable housing developer, owner, and manager announced that it will celebrate the grand opening of the Haven at Congaree Pointe affordable...
Red Oak Capital Holdings Provides $7.70M for Gulf Coast Apartment Community Ocean Shores
Red Oak Capital Holdings, LLC has provided $7.70 million in financing for Ocean Shores Apartments, a 128-unit garden-style apartment community in D'Iberville, Mississippi. The debt...
Michael Larsen Joins Merchants Capital as Chief Financial Officer
Leading financial services provider Merchants Capital announced the addition of Michael Larsen to its executive leadership team in the new role of Chief Financial...
Evergreen Real Estate Group Celebrates Grand Opening of Assisted Living Community Green Oaks of...
Chicago-based Evergreen Real Estate Group announced the completion of Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso,...
GMD Development and WNC & Associates Close Deal to Begin Construction on Victory Northgate...
GMD Development, a private, mission-based developer/owner of affordable housing based in the Pacific Northwest, and WNC & Associates (WNC), a family-owned business known as...
Robert Golden Named Chief Executive Officer of Boston Financial
Boston Financial, one of the largest and most established syndicators of U.S. Low-Income Housing Tax Credits (“LIHTC”), announced that Robert “Rob” Golden has been...
WNC & Associates Closes $302M Affordable Housing Fund
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax...
Lincoln Avenue Communities Breaks Ground on Affordable Housing Development 52 at Park in Orlando
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of 52 at Park in Orlando,...
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...