Thom Amdur Author Archives

In her new role, Folkers is responsible for overseeing Love Funding’s underwriting team and procedures. She will train and manage the underwriting staff, loan production specialists and analysts. Folkers previously served as Love Funding’s deputy chief underwriter.

The survey asked respondents to indicate how likely they are to pursue new construction, substantial renovation, acquisition, refinancing, tax credit allocations, and more. In almost all cases, a majority of respondents said “yes.”

The ACTION Campaign is calling on Congress to address our nation’s severe shortage of affordable rental housing by raising the cap on Housing Credit allocation authority by at least 50 percent. Read the letter and sign on by Friday, March 11.

City Real Estate Advisors appointed Rachel Thomas to vice president of acquisitions. Thomas will be responsible for identifying, structuring and closing affordable housing equity opportunities throughout Texas and surrounding states.

The deadlines for Congressmen to sign-in to the letters of support for HOME funds are this Friday, March 11 in the House and March 15 in the Senate.

The Minnesota Housing released a plan for the distribution of Low-Income Housing Tax Credits in 2018, and is soliciting comments.

The Kentucky state legislature is considering a bill that would create a new section of KRS Chapter 198A to establish the Kentucky affordable housing credit.

On Friday, March 18, 2016 from 10:00 a.m. to 12:00 noon, New Hampshire Housing Finance Authority will hold a public hearing on the draft 2017 QAP.

The Michigan State Housing Development Authority announced that the second competitive funding round for 2016 Low Income Housing Tax Credit will have an application submission deadline of 5:00 p.m., April 1, 2016.

Susan Frank joined Cinnaire in March 2014 as Vice President, Business Development and was recently promoted to Senior Vice President, Business Development. In this role, she is responsible for directing and implementing the company’s growth strategy in the Mid-Atlantic region, including debt, equity and community development lending.

The Internal Revenue Service updated the regulations that set the minimum number of low-income units in a Low-Income Housing Tax Credit project for which a housing finance agency must conduct physical inspections and low-income certification reviews.

The Fiscal Year 2015 Annual Report from the National Park Service, Federal Tax Incentives for Rehabilitating Historic Buildings, reveals a program that helped provide homes for low- and moderate- income residents, boosted local economies, and created jobs.