Heritage Affordable Communities, a real estate development and preservation company specializing in the affordable housing sector, has acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings located in the Bronx, New York. According to...
Paul Compton is managing partner at the law firm Compton Jones and Dresher LLP. This article is adapted and edited from the hearing entitled “Housing Solutions: Cutting Through Government Red Tape” held last week before the U.S. House of Representatives Financial...
The Mortgage Bankers Association (MBA) has announced its opposition to a Biden administration plan to impose a 10% cap on annual rent hikes on properties that rely on the Low-Income Housing Tax Credit (LIHTC). In a press statement, MBA President and CEO Bob Broeksmit...
Greystone, the New York City-headquartered commercial real estate finance company, has hired Greg Voyentzie as head of a new Low Income Housing Tax Credit (LIHTC) syndication platform that will support the development and construction of new affordable housing across...
Mortgage Rates Open the Week Above 7% as Fed Inflation Warnings Intensify
