Thom Amdur Author Archives

Funding made available under this NOFA must be used to fund supportive services in eligible existing HUD-assisted multifamily developments targeted to elderly households. Applications are due no later than Monday, April 18, 2016.

Arizona Department of Housing posted clarifications to the 2016 QAP and the PowerPoint presentation from its 2016 LIHTC Application Workshop, which was held on January 19, 2016, in Phoenix.

Florida Housing Finance Corporation issued RFA No. 2016-102 for Housing Credit and SAIL Financing for Homeless Housing Developments Located in Medium and Large Counties. The Application Deadline for RFA 2016-102 is 11:00 a.m., Eastern Time, on March 10, 2016.

Florida Housing will hold a workshop on February 24, focusing on approaches to implementing the National Housing Trust Fund and the agency’s approach to financing permanent supportive housing.

California Tax Credit Allocation Committee posted the slides from its 2016 TCAC Development Application Workshop.

Rhode Island Housing has financed a development through the FFB Risk Sharing program. Risk Share provides credit enhancement for mortgages of multifamily housing projects whose loans are underwritten, processed, and serviced by HFAs.

Jewish Alliance for Law and Social Action is honoring David Gasson for his contributions to affordable housing with a JALSA Advocate for Justice Award. Gasson is a Vice President at Boston Capital.

Gary Buechler has been named president of The Michaels Development Company. Mr. Buechler succeeds Ava Goldman, who transitioned to the role of Executive Consultant in December 2015.

Lyon-Collis’ represents developers and housing authorities in complex multi-family housing development transactions using mixed finance sources such as the RAD program, private debt, LIHTC equity, bond financing, FHA-insured financing, project-based rental assistance and the Choice Neighborhoods Program.

In his new role, Padam Singh will expand the firm’s investment banking and mortgage banking finance activities for market-rate, income-restricted and subsidized rental properties. Singh will be responsible for clients in the Southeast with a major emphasis on Georgia, North Carolina, South Carolina and Tennessee.

A new draft of RFA 2016-101 for HOME Financing to be used for Rental Developments Located in Rural Areas has been posted to the website.

Ohio Department of Medicaid (ODM) has made available approximately $3 million in funding for 15-year operating subsidies in new housing tax credit projects awarded through the 2016 and 2017 Housing Tax Credit program allocation years.