Items Tagged with 'LIHTC'

ARTICLES

  • D Magazine: Dallas needs to step up its affordable housing game

    One of the nation's multifamily leaders is lagging in affordable housing, and the city is seeking change
    One of the nation’s multifamily leaders desperately needs to step up its affordable housing production. According to a recent study from RentCafé, Dallas-Fort Worth delivered exclusively luxury units in the first half of 2018 and according to a report from D Magazine, the city is well behind its goal of adding 20,000 affordable housing units.
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  • Freddie Mac re-enters LIHTC market, commits as much as $100 million for affordable housing

    GSE partners with Enterprise to provide up to $100 million in funding for affordable housing projects
    Freddie Mac announced this week that it closed a Low-Income Housing Tax Credit Fund with Enterprise Community Investment. The closing of this fund marks Freddie’s first equity investment as well as its re-entry into the LIHTC market for the first time in 10 years.
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  • Hey regulators, let’s fix the Community Reinvestment Act

    It’s time to make CRA more effective in the 21st century banking system
    The Community Reinvestment Act is important to provide fair access to credit and investment, and many financial institutions agree it’s an important tool in their business strategy. But current guidelines render it ineffective, and it’s time regulators institute much-needed change.
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  • Fannie Mae makes good on its affordable housing promises

    Investing $26M toward New York-area construction
    Fannie Mae announces it will invest $26 million in low-income housing tax credit to finance the first phase of construction of the largest residential development in Far Rockaway, New York. Part of the city's rezoning plan, the project and aims to provide residents with affordable living spaces.
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  • Historic Iowa military barracks transformed into affordable housing community

    LIHTC used to convert Fort Des Moines to housing
    A lot of people may not know about Fort Des Moines, but the Iowa military base has significant historical value. The Iowa installation was the site where black Americans were first trained to be military officers during World War I, and now, part of the historic area has been preserved, restored and converted into a 142-unit affordable housing community, thanks to a novel approach from a leading affordable housing developer.
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