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
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...
Dominium to Resyndicate Aria Landings in Fort Myers with $11 Million Renovation
Dominium, a leading affordable housing owner, developer and manager announced the re-syndication of Aria Landings, a 320-unit family property in Fort Myers, Florida. Dominium will...
Dominium Acquires Land for 67 Flats and Juniper Square, Plans to Develop 605 Affordable...
Dominium, a leading affordable housing owner, developer and manager announced that it has closed a deal to acquire land for the development of a...
Dominium to Resyndicate Oaks at St. John with $5.5 Million Renovation
Dominium, a leading affordable housing owner, developer and manager announced the re-syndication of Oaks at St. John, a 160-unit family property in Ponte Vedra...
Marcus & Millichap Brokers $4.98 Million Teal Pointe Affordable Housing Apartments Sale in Homestead...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Teal...
BWE Secures $14.4M in Construction Financing for Affordable Westview Heights Apartments in Denton Texas
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured over $14.4 million in construction financing for Westview Heights, a...
Safehold Closes Ground Lease for Affordable Housing Development 80 Saratoga in Santa Clara California
Safehold, Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of...
Dominium to Host Grand Opening for Vista Ridge Development in Phoenix Arizona
Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the grand opening of Vista Ridge affordable housing development in...
Dominium to Host Groundbreaking Event for Estrella Springs and Suncrest Vista at Canyon Trails...
Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the groundbreaking of the Estrella Springs and Suncrest Vista at...
FHFA Accepting Membership Applications for its Advisory Committee on Affordable, Equitable, and Sustainable Housing
On September 13, the Federal Housing Finance Agency (FHFA) announced it will begin accepting membership applications for its Federal Advisory Committee on Affordable, Equitable,...
Moline Management, LLC acquiers 214 unit mature LIHTC portfolio
Moline Investment Management (MIM), an affordable and market-rate housing specialist investment manager focused on the development, redevelopment, ownership, and operation of multifamily assets across...
Affordable housing may not depress neighboring values
There’s this assumption that having low-income housing in your neighborhood has a corrosive effect on your property values, but there are some new reports...
Fannie Mae Multifamily has completed $1.5 billion of LIHTC investments since 2018
Fannie Mae announced that since its return to the Low-Income Housing Tax Credit equity (LIHTC) market in 2018, it has provided $1.5 billion of...
Rate Desk Wednesday, October 21, 2020
October 21, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Utilizing FHA loans to subsidize states' low LIHTC supply and making...
Rate Desk Tuesday, June 30, 2020
June 30, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Indices breaking quarterly records and the Emergency Affordable Housing Act posed...
