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.
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
Frank Anton / BUILDER / April 3, 2013
The housing industry could use a modern-day version of the original king of low-cost housing.
Not surprisingly the homeownership rate of Americans with family incomes of more than $50,000 is higher than the homeownership rate of families with lower incomes. (An aside: 90% of households with incomes greater than $150,000 own a home!) And not surprisingly most builders target higher-income buyers, which is one reason the median price of a new home is about $230,000 and was as high as $270,000 in 2005.
I bet Bill Levitt, were he alive today, would see the situation as an opportunity. Remember,Read More
Donna Kimura / AFFORDABLE HOUSING FINANCE / March 1, 2013
About 125,000 individuals and families could lose their Housing Choice Voucher benefits and be at risk of becoming homeless under the widespread and indiscriminate cuts brought on by sequestration.
President Obama and Republican leaders had failed to reach an agreement Friday morning, which meant that the sequester and its approximately 5 percent cuts to government programs were officially set to go into effect sometime that day.
Although it was unknown when the pain would be felt on the streets, officials warned that it would be real.
“These reductions to HUD (Department of HousingRead More
Donna Kimura / AFFORDABLE HOUSING FINANCE / January 18, 2013
Investors, syndicators discuss outlook for the equity market in 2013
The low-income housing tax credit (LIHTC) has less than a 50 percent chance of survival if the affordable housing industry does nothing, said Terri Ludwig, president and CEO of Enterprise Community Partners.
Ludwig sounded the alarm to several hundred developers attending the AHF Live conference in Chicago.
Others have warned that the mighty LIHTC could be eliminated as Congress sets itsRead More
Speaker: David Jacobs, PhD, CIH Dr. David Jacobs is the Director of Research at the National Center for Healthy Housing in the US. He previously worked at the U.S. Department of Housing and Urban Development as Director of the Office of Healthy Homes and Lead Hazard Control, where he was responsible for policy development, grants management, enforcement, public education and training, and research. He has conducted several studies on health outcomes associated with green rehabilitation of low-income housing.