HUD is conforming FHA multifamily accelerated processing (MAP) market study requirements to National Council of Affordable Housing Market Analysts (NCAHMA) best practices in an effort to facilitate the use of FHA financing with low-income housing tax credits. "We're not sure of specific changes,...
We assist developers of affordable housing find the best sources of funding to structure a viable project often using state and federal low income housing tax credits as well as other funding sources.
there is one topic which has been met with surprisingly deafening silence:the U.S. Housing and Real Estate Market. During last week’s debate, we heard a lot about tax plans and cuts, energy, health care and jobs, butnothingon the real estate market. Nothing…This year’s presidential ca...
Klein Hornig focuses exclusively on affordable housing, community development, tax credit finance, nonprofit organizations, and HUD, providing innovative legal services nationwide.
As an alternative, many governments have subsidized the private sector’s development of affordable housing. Granting tax credits for development, waiving development levies and taxes, and providing rent-geared-to-income assistance—either through a housing initiative or directly to individuals—have been...