People on the Move 1.2.25| Housing Finance Magazine
Jan 2, 2025 · Rebecca Franklin has become chief deputy director of the California Housing Finance Agency (CalHFA), following Gov. Gavin Newsom’s announcement of her appointment in November.. She steps into the new role after serving as director of enterprise risk management and compliance at CalHFA since 2020. Before joining the agency, she was the director of innovation at the California State ...
What to Expect From a Second Trump Term - housingfinance.com
Nov 14, 2024 · With affordable housing becoming a growing issue across the country, Donald Trump and a new Congress will take office next year. Trump returns to the White House four years after losing his bid for reelection in 2020.
Housing Finance: Affordable and market-rate rental housing …
5 days ago · Housing Finance, powered by Affordable Housing Finance and Apartment Finance Today magazines, provides the tools and best practices for financing, developing, and operating affordable and market-rate rental housing.
The Michaels Organization CEO Takes Leave of Absence - Housing …
Jun 20, 2024 · The Michaels Organization, a national leader in residential real estate, announced that CEO John J. O'Donnell has taken a leave of absence. O’Donnell, 61, is stepping away “to focus on vigorously defending himself against allegations announced in an indictment on June 17, 2024, by the New Jersey State Attorney General,” said the company in a statement.
The Surprising Truth About Workforce Housing
Maybe “missing middle” isn’t the best way to describe workforce housing today. Key stakeholders are more aware and better understand the need to create and preserve more attainable housing options for moderate-income households
Study: LIHTC Rents Average 38% Lower Than Market Rates
Nov 21, 2024 · The study comes as affordable housing advocates call for expanding the LIHTC program to help ease the housing crisis. The Affordable Housing Credit Improvement Act (S. 1557 and H.R. 3238) seeks to restore a 12.5% cap increase and further boost allocations, lower the bond financing threshold from 50% to 25% to receive the full amount of 4% housing credits, and make other improvements.
Trump Announces His Pick for HUD Secretary - housingfinance.com
Nov 23, 2024 · During Trump’s first term, Turner led the White House Opportunity and Revitalization Council, which aimed to enhance the coordination of federal economic development resources in Opportunity Zones and other distressed communities.
PHFA Awards LIHTCs and Other Funding for Nearly 2,000 …
Jul 15, 2024 · The Pennsylvania Housing Finance Agency (PHFA) has announced funding for the construction or rehabilitation of 1,916 rental units, of which 1,801 will be affordable to households at or below 60% of the area median income.
Leading Affordable Housing Developers to Convene at AHF Live
Oct 25, 2024 · AHF Live’s high-powered roster of speakers includes many new names this year. Speaking at the annual conference for the first time include developers: · Katessa Archer, senior development associate, Dominium; · Kimberly Brown, director, asset management, Vitus; · Allyson Carpenter, vice president of development and Northeast/Mid-Atlantic regional leader, McCormack Baron Salazar; · Kunal ...
IRS Increases LIHTC, Bond Caps for 2025 - housingfinance.com
Oct 22, 2024 · AFFORDABLE HOUSING FINANCE IRS Increases LIHTC, Bond Caps for 2025 The amount used to determine the state housing credit ceiling hits $3 multiplied by the state population.