From Affordable Housing Finance Industry players embrace Opportunity Zone incentive. Out of the 2017 Tax Cuts and Jobs Act came a new community development tool aimed at spurring investment in low-income neighborhoods. With high hopes, many in the affordable...
From NAHB Now Addressing housing affordability concerns will be a top issue for NAHB in 2019 and we will be working with Congress and the administration to achieve this goal. Builders in the field report there is a strong demand for new homes but that prospective...
From Caller Times The Coastal Bend economy is described as "robust." Unemployment is the lowest in a decade at 4.3 percent. Corpus Christi added about 4,200 non-farm jobs, a growth of 2.2 percent from 2017, according to the Texas A&M University-Corpus Christi...
From Novogradac The U.S. Department of Housing and Urban Development’s (HUD’s) Rental Assistance Demonstration (RAD) program creates another type of affordable housing in which to invest–and investors like RAD, even though there have been hurdles. Most notably, RAD...
From NBCDFW Affordable housing is an issue in many North Texas cities. Results of a recent survey of Denton citizens confirms it's also a top concern for residents there. Affordable housing was one of the main needs highlighted in the annual National Citizen...
U.S. House Ways and Means Committee Chairman Kevin Brady last night released a broad tax package that the House is expected to consider later this week. The legislation includes retirement and other savings enhancements, reforms to the Internal Revenue Service, and...
Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey. by Gail Kalinoski A majority of affordable housing leaders and lenders surveyed recently by Capital One...
City staff on Wednesday recommended revisions to policies that incentivize residential development in the urban core with a goal of encouraging more affordable housing. City Council met for nearly three hours to discuss potential changes to the Center City Housing...
From Affordable Housing Finance The funds with Cinnaire, OCCH, and MHEG will aim to bring capital to rural areas. Fannie Mae is committing up to $145 million in three low-income housing tax credit (LIHTC) funds that will focus on underserved rural markets. The...
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