News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Afforable Housing Finance / November 20, 2013
Shaun Donovan has devoted his career to ensuring access to safe, decent, and affordable housing, and has made great strides toward that end as the 15th U.S. Secretary for Housing and Urban Development. In this special keynote address during Hanley Wood’s Affordable Housing Finance Live conference, Donovan looks at how far the affordable housing industry has come, and how much farther it needs to go.Read More
Donna Kimura / AFFORDABLE HOUSING FINANCE / September 18, 2013
A mammoth preservation deal involving six properties and 841 units in Massachusetts has been selected the overall winner in Affordable Housing Finance’s Readers’ Choice Awards.
The $243 million deal is one of the largest preservation efforts seen in Massachusetts.
Preservation of Affordable Housing (POAH) acquired the properties, known as the Boston Cape Cod Hudson Portfolio, when the prior owner decided to go out of business. The acquisition and rehab of the properties ensures that they will remain home to low-income seniors and families for years to come.
Three developments withRead More
Donna Kimura / AFFORDABLE HOUSING FINANCE / May 30, 2013
Affordable Housing Finance asked housing finance agency executives about changes to their low-income housing tax credit qualified allocation plans and how they overcame recent challenges at their agencies.
What’s a recent challenge your agency has faced, and how did you overcome it?
Steve Auger, executive director, Florida Housing Finance Corp. Florida Housing has simplified the competitive application process by moving away from the application rules we have used in the past. Beginning this year, we are issuing Requests for Proposals (RFPs) and/or Requests for Applications toRead More
Christine Serlin / AFFORDABLE HOUSING FINANCE / May 31, 2013
Affordable Housing Finance is pleased to announce the finalists of its ninth annual Readers’ Choice Awards for the nation’s best developments of 2012-2013.
The finalists will be featured in the July/August issue of Affordable Housing Finance and online atwww.housingfinance.com, and then the winners of each category as well as one overall winner will be selected by the subscribers of the magazine and its e-newsletter during online voting between July 17 and Aug. 16. Voters must be valid subscribers as of July 1.
- Clinton Commons in Oakland, Calif.; developed by Resources
Emily Cadik, Peter Lawrence / AFFORDABLE HOUSING FINANCE / May 16, 2013
The rallying cry for tax reform goes something like this: We need a simple, straightforward tax code—no more expensive tax software, no more tax accountants, no more hours of complicated calculations—and a code that helps to lower taxes on the average person and business.
But on the other side of this appealing vision is a threat to programs built into the tax code that have major impacts on people and the communities in which they live—and those programs could disappear overnight. The low-income housing tax credit (LIHTC) has enjoyed bipartisan support over its 26-year history, butRead More