Plans call for income-restricted, multi-family affordable housing in Round Rock, TX, which residents must earn an overall average of 60 percent of the area median income.
The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the reappointment of five members of its Affordable Housing Advisory Council (the Council)
The NRP Group and equity partner World Premier Investments began constructing a new Houston affordable housing multifamily development. The Exchange, a 300-unit multifamily apartment community on Houston’s near north side is situated in an Opportunity Zone.
In a recent Forbes.com article, author Richard Burns aptly outlines the benefits for both investors and the community.
On December 16, 2019, congressional leaders released the end of the year tax package, Taxpayer Certainty and Disaster Tax Relief Act of 2019. This bill includes federal tax breaks for brewers, distillers, churches with parking lots, and some wind energy producers. However, last minute objections ended the possibility of any housing credit provisions from being incorporated – specifically the Affordable Housing Credit Improvement Act – to reduce the scope of the bill in order to deliver a “skinny package.”