Texas Association of Local Housing Finance Agencies
April 22, 2019
Affordable Housing Finance: Affordable Rural Rental Housing is a Necessity
Greystone’s Tanya Eastwood breaks down the tools needed for affordable rural housing.
By Tanya Eastwood
Households in rural rental properties are among the most vulnerable in the nation. With lower median incomes and higher poverty rates than homeowners, many renters are simply unable to find decent housing that is also affordable. As a result, rural renters are more than twice as likely to live in substandard housing compared with people who own their own homes.The rest of the story...
April 17, 2019
Novogradac: Clarity Provided by Second Tranche of Treasury Regulations to Incent More Investment
in Opportunity Zones Businesses (Part I)
The second tranche of opportunity zones (OZ) guidance released today brings added regulatory clarity for investors, fund managers and others seeking to bring much needed equity capital to operating and real estate businesses in OZs. The 169 pages of proposed regulations include updates to portions of previously proposed regulations. The 169-page volume of regulations necessitates a two-part blog post. Some of the key highlights are presented here in Part I. Additional detail will come in Part II. The rest of the story...
March 19, 2019
Novogradac: Population Growth, Temporary Cap Increase Boost LIHTC and Bond Ceilings
The Internal Revenue Service (IRS) released 2019 population figures in Notice 2019-19, indicating the 2019 low-income housing tax credit (LIHTC) ceiling and tax-exempt private activity bond (PAB) cap for all states will increase. From 2018-2019, the U.S. population increased by 1,448,256 people to 327,167,434 in total, representing a 0.4 percent gain. U.S. territories lost more than 140,000 people, a 3.8 percent decrease. The rest of the story...
March 08, 2019
MFE: A Rapidly Growing Population: Boomer Renters
A recent report by RENTCafe indicates that Americans over the age of 60 are now the fastest-growing group of renters.
By Scott Sowers
The notion of empty nesters selling out and moving to a retirement community may have a key detail wrong – many of them will be paying rent, not some version of a reverse mortgage. According to a recent study by RENTCafe, the number of renters over the age of 60 grew by 43% in the last decade. It’s expected that by the year 2035 seniors will account for one third of the U.S. rental market and become the second largest group of renter households.The rest of the story...
February 22, 2019
AHF: FHA Expands Scope of LIHTC Pilot Program
The program will include Secs. 221(d)(4) and 220 deals.
The Federal Housing Administration (FHA) is expanding its Low-Income Housing Tax Credit (LIHTC) Pilot Program to include new construction and substantial rehabilitation deals under the Secs. 221(d)(4) and 220 programs. The rest of the story...
February 19, 2019
AHF: Prices Expected to Hold Firm
Syndicators discuss 2019 outlook, issues to watch.
By Donna Kimura
After a year of tough adjustments, low-income housing tax credit (LIHTC) prices will likely remain flat in the first half of 2019, according to a strong majority of syndicators surveyed by Affordable Housing Finance. The rest of the story...
TALHFA Congratulates Members Recognized by Affordable Housing Finance!
April 5, 2019
Affordable Housing Finance: Top 50 Affordable Housing Developers of 2018
#2 LDG Development 2,274 Starts / 1,424 Completions
#3 Dominium 2,113 Starts / 948 Completions
#5 The NRP Group 1,087 Starts / 1,918 Completions
#16 Atlantic|Pacific Communities 701 Starts / 263 Completions
Click HERE to view the complete list.