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”It was the best of times, it was the worst of times.” That opening line from Charles Dickens’ Tale of Two Cities pretty much sums up the present for multifamily housing developer Paul Sween, a managing partner of Dominium Development and Acquisition. read more
Date Published: 05/11/2010
Tags: Tax Credits, LIHTC, Affordable Housing
Also proposed is a new Transforming Rental Assistance (TRA) initiative, requiring legislation to establish, which is designed to create a uniform single funding stream for public housing and HUD-assisted multifamily properties and to consolidate 13-plus existing HUD rental assistance programs into one.
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Date Published: 04/12/2010
Tags: Tax Credits, LIHTC, Affordable Housing, HUD, Congress
Tax Credit Advisor, March 2010: From New York to California and points in between, sponsors are engaging in niche construction and rehabilitation of affordable housing, either by producing specialized units or using non-traditional funding sources. Much of this output is the result of the American Recovery and Reinvestment Act of 2009 (ARRA).
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Date Published: 03/10/2010
Tags: Tax Credits, LIHTC, NMTC, Affordable Housing, HUD
Tax Credit Advisor, February 2010: Sherman Associates, Inc. had a vision for downtown Kansas City: They intended to convert a 17-story office building that had been a blight for ten years into the Grand Boulevard Lofts, an affordable housing project.
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Date Published: 02/22/2010
Tags: Tax Credits, LIHTC, Affordable Housing
Tax Credit Advisor, December 2009:
Excerpts from an Interview with Kevin J. McCormack, President, McCormack Baron Salazar
McCormack Baron Salazar, based in St. Louis, Mo., is a pioneer, major for-profit developer specializing in the creation of economically integrated urban neighborhoods.
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Date Published: 12/16/2009
Tags: Affordable Housing, HUD, Hope VI
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