Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments and other real estate development solutions in 2022, surpassing the previous record of $6.7 billion generated in 2021.
Income averaging allows affordable housing developers to expand the range of people on the income strata who are eligible to live in affordable communities, while also helping projects pencil out.
Last month, the Affordable Housing Credit Improvement Act was reintroduced in both the House and Senate as H.R. 3238 and S. 1557.
Mixed-income projects transform neighborhoods, decrease poverty and reduce exposure to environmental hazards.
Job Summary: The Associate Equity Analyst provides financial data entry for Cinnaire’s underwriting of real estate equity investments, and affordable and market rate housing. The Associate Equity Analyst prepares financial proformas of the proposed investment and assists the Equity Analysts throughout the underwriting process. Essential Duties and Responsibilities: Prepares and updates financial proformas for potential real […]
Full position profile and application HERE. Ask yourself… Are you a natural collaborator and convener? Do you get energized by cultivating relationships? Are you comfortable both leading and following? Are you an innovative thinker who has experience bringing ideas to fruition? Do you see the value in data and how it can shape direction? Are […]
Merchants Capital announced $1.1 billion in securitization through the growth of its Capital Markets platform, led by Senior Vice President Evan Gibson. The platform focuses on providing liquidity and capital relief for its parent company Merchants Bank of Indiana.
Job Summary: The Loan Data Manager (LDM) is responsible for supporting senior management, investor relationships, CDFI operations, and portfolio management through active management of Cinnaire Lending data. The role will involve not only structuring and vetting of data, but will also include the development of finished reports, database process improvement and systems integration with […]
Full position profile and application at: https://armstrongmcguire.applytojob.com/apply/etKChxZJv4/Real-Estate-Asset-Manager-DHIC Our Vision We envision a housing ecosystem that provides and promotes equity, generational wealth, health and wellness for the communities in which we work. Our Mission DHIC supports individuals, families, and seniors by providing homes and opportunities that promote the financial, physical, and mental well‐being of people and […]
Full position profile and application at: https://armstrongmcguire.applytojob.com/apply/Qszyp8zIyH/Director-Of-Asset-Management-DHIC Our Vision We envision a housing ecosystem that provides and promotes equity, generational wealth, health and wellness for the communities in which we work. Our Mission DHIC supports individuals, families, and seniors by providing homes and opportunities that promote the financial, physical, and mental well‐being of people and […]
HUD released the Notice of Funding Opportunity (NOFO) for its Green and Resilient Retrofit Program (GRRP).
City of San Jose, California Deputy Director – City of San Jose Housing Department Salary: $133,480 to $215,482 Final filing date: Monday, June 5, 2023. The City of San Jose Housing Department seeks a Deputy Director possessing skills in affordable housing, homeless response, rent stabilization, grants, policy, and/or administration to make an impact on the […]