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
Rate Desk May 21, 2020
May 21, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. GSE vs FHA on perm LIHTC take-out and rate lock underwriting...
Jonathan Rose Companies and Columbia Residential acquire city views at Rosa Burney Park
A joint venture of Jonathan Rose Companies and Columbia Residential, in conjunction with neighborhood non-profit SUMMECH Community Development Corp., has acquired City Views at (City Views), a...
Affordable Housing Credit Improvement Act and renewal of Tax Provisions on energy efficiency
NMHC and NAA strongly support the Affordable Housing Credit Improvement Act and signed onto a recent coalition letter that signals support for the Act....
Jonathan Rose Companies arranges financing to complete revitalization of grace west manor in Newark,...
Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, announces a new Low...
Westlawn Gardens receives national community planning award
The U.S. Department of Housing and Urban Development (HUD) and the American Planning Association (APA) today announced Wisconsin’s largest public housing community, Westlawn Gardens,...
Budget accord misses the mark on affordable housing
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement on the...
How LIHTC rules affect rates of rent growth
A new report from Freddie Mac Multifamily examines the impact that federal affordable housing programs, such as the Low Income Housing Tax Credit (LIHTC),...
Community Development Partners opens housing for homeless veterans in Newport Beach, CA
Community Development Partners is pleased to announce the grand opening of The Cove Apartments in Newport Beach, CA. A ceremony to celebrate the milestone...
NHPF purchases Woodmont Crossing Apartments
The NHP Foundation (NHPF), a national not-for-profit dedicated to preserving and creating sustainable, service-enriched multifamily housing, has acquired the 176-unit Woodmont Crossing Apartments. The...
Chicago law firm Ginsberg Jacobs provides outlook on affordable housing
Though Congress retained the Low-Income Housing Tax Credit (LIHTC) as part of its tax policy overhaul, the decision to also lower the corporate tax...
Wind at our back
The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that...
$34.7 million affordable housing asset sale brokered by Danny Shin and Brock Zylstra
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Towne...
It might be time for a housing revival
On November 15, 2017, Dr. Ben Carson, Secretary of HUD, gave the keynote address at the Housing America’s Families Forum hosted by the J....
Affordable housing developers face new challenges
Affordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger every year. “We...
Tax reform has potential to solve the housing affordability crisis
“Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive...
