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Affordable Housing Finance: Study Examines How Living in LIHTC Properties Impacts Residents
Nearly 90% of residents reported that their housing had improved after moving into a low-income housing tax credit (LIHTC) development,…
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Affordable Housing Finance: Capitol Hill Insiders: More Work Needed for Affordable Housing
It’s been a wild ride for the affordable housing industry over the past several months. The Tax Cuts and Jobs…
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Affordable Housing Finance: California Nonprofit Shows Its Strength
In 2017, the nonprofit had a busy year, starting construction on nine developments with 156 affordable homes. The 53-year-old nonprofit…
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Affordable Housing Finance: WNC Closes $94.2 Million California LIHTC Fund
WNC has closed a $94.2 million institutional low-income housing tax credit (LIHTC) fund that will help finance the rehabilitation of…
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Affordable Housing Finance: Developers Complete Workforce Housing Community in Orange, Calif.
A former industrial site has been transformed into the Lemon Grove Apartments, a workforce housing development, in Orange, Calif. Built…
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Affordable Housing Finance: Republicans Pass Sweeping Tax Reform
The first tax system overhaul in over three decades is expected to head to President Donald Trump’s desk today. Senate…
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Affordable Housing Finance: LIHTCs Can Aid Recovery Efforts
It’s been a rough year. In just the past few months, we witnessed a series of hurricanes blow apart Florida,…
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Affordable Housing Finance: California Fires Threaten Affordable Housing Developments
Thousands of affordable housing residents have evacuated their homes as the catastrophic fires in California’s wine country continue to spread…
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Affordable Housing Finance: Mercy Housing Closes First Deal With California Certificated Credits
Mercy Housing California has closed a deal to use “certificated” state housing credits on its latest affordable housing development. The…
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Affordable Housing Finance: NeighborWorks’ Nonprofits Invest Nearly $2.4 Billion in Rental Housing
NeighborWorks America’s network of local nonprofit organization invested more than $2.38 billion into the development and preservation of affordable rental…