Regional Director and affordable housing finance expert Bruce P. Gerhart will be speaking at the upcoming Building Michigan Communities Conference. The conference will be held April 28-30 in Lansing, MI. Bruce will be on a panel entitled “Preservation and Utilizing HUD’s Rental Assistance Program – Totally RAD”.
April 13, 2014
April 12, 2014
April 7, 2014
Declining housing affordability has received a lot of attention over the past few years, and deservedly so. We’ve seen rising home prices across the country continue to chip away at Americans’ ability to buy their own homes. Declining housing affordability has taken center stage in the national debate over whether it’s a wise move to unwind Fannie Mae and Freddie Mac, the government-sponsored enterprises that back 90 percent of U.S. mortgages.
But while this challenge is well understood, declining rental affordability hasn’t been as much of a hot-button issue. By 2020, more than one million apartment projects backed by low-income housing tax credits (LIHTCs) will come to the end of their compliance periods, making them eligible for a return to market-rate rents. This “LIHTC Ledge” threatens to exacerbate what is already a tenuous situation for the growing tide of renters who can’t find affordable accommodations.
April 6, 2014
Look for our Texas multifamily finance experts at booth #812 during the 2014 Texas Apartment Association Education Conference & Lone Star Expo. Senior Director Tammy Tate and Director Chad Ricks look forward to seeing you April 24-26 in Dallas, TX.
April 5, 2014
Love Funding will be attending the Western Mortgagee Advisory Council Annual Conference April 24-25 in San Francisco, CA.