Finance & Investment
ULI Coverage: Panelists Debate ‘Destinies’ in Opening Keynote
Phoenix–With the economy beginning to see a thaw in the recession, there was a palpable if tenuous sense of hope at the Urban Land Institute’s spring meeting.
Non-Profit Community Developers Face Challenging Financing Environment
A constrained funding environment is a key challenge facing non-profit community development companies today, says Eileen Fitzgerald of NeighborWorks America.
Weinberg Foundation and Maryland to Fund Housing for the Disabled
Baltimore–The Weinberg Foundation and the state of Maryland have partnered to create the “Affordable Rental Housing Opportunities for Persons with Disabilities” initiative, the first of its kind in the nation.
Hunting Down Alternative Sources of Development Financing
Capital may seem abundant when it comes to the big players and the big projects. For the other guys, obtaining financing for new construction requires some creativity.
MHN Interview: R4’s Kevin Price on ‘Green Shoots’ in the Condo Market
Principal Kevin Price, who heads R4, talks to MHN about pockets of opportunity for developers as well as buyers in Southern California and in the condo market at large.
The Case for a First Time Renter’s Tax Credit
Market-rate renters are a unique bunch, in that, of all the household configurations, they are the only group that isn’t subsidized in one way or another.
Affordable Housing Project in Suburban Seattle Obtains Financing
Kirkland, Wash.–Saint Andrew’s Housing Group has won financing for construction of Francis Village Apartments through $10 million in Low Income Housing Tax Credits.
HUD Experiences Cuts in FY11 Budget, Faces Uncertain FY12
Washington, D.C.–Now that the long-delayed fiscal 2011 federal budget has been settled by Congress, the impact on HUD can be quantified.
Suburban D.C. Apartment Project Wins Senior and Mezz Financing
Merrifield, Va.–DSF Group has obtained financing for the second phase of Halstead Square, which will consist of 436 apartments in two mid-rise buildings.
Fieldstone Seeks TIF for Massive Multifamily Renovation
Greenbelt, Md.–Fieldstone Properties has decided to seek about $15 million in tax-increment financing for a variety of public infrastructure improvements to a massive 153-acre rental apartment and townhome property.