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Filmmaker George Lucas has pulled the plug on building a new film studio and floated another option for the Northern California site – affordable housing.
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The 4 percent low-income housing tax credit (LIHTCs) market is often overshadowed by the more dynamic market for 9 percent LIHTCs. But as prices for 9 percent LIHTCs continue to climb, and yields continue to drop, more investors are considering 4 percent LIHTCs as a viable alternative.
A new low-rise in Los Angeles helps formerly homeless, mentally ill adults build better lives.
Dahlia Square Senior Apartments has been a big boon to downtown Denver’s Park Hill neighborhood, adding life, greenery, and, most of all, quality affordable housing for seniors where none had existed.
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While many investors view the federal REO-to-Rental program as a way to cash-in on a government fire sale, one nonprofit sees the program not just as a financial opportunity, but a social one.
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Freddie Mac has spent the last couple of years heavily focused on bond deals, but is now concentrating on winning more preservation business, an effort which may be furthered by a new joint program with HUD.
Mosaic Apartments in Los Angeles's Pico-Union district invites affordable, intergenerational living.
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The affordable housing debt industry posted another strong year in 2011 as the major banks jockeyed for position while private agency lenders re-engaged the market.
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More banks are increasing their affordable housing lending operations—not because they have to but because they want to.
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Apartment Finance Today recently sat down with Bob Simpson, Fannie's head of affordable housing, to talk about the company's banner year, and the year ahead.