News

Affordable Housing Gap Found in Every State

As posted here on HousingFinance.com March 3, 2013 There are only 30 affordable rental units available for every 100 extremely low-income (ELI) renters, and just 57 affordable and available rental units for every 100 very low-income households, according to a new report by the National Low Income Housing Coalition (NLIHC)....
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Sequestration Debate Continues

As posted here on the National Low Income Housing Coalition website February 15, 2013 St. Valentine’s Day, February 14, was packed with Congressional activity on sequestration, but a solution has yet to emerge. Members from both sides of the aisle were eager to critique what the sequestration portends. The Administration...
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Gardenia Gardens Getting a Major Facelift

As published in The Gainesville Sun February 13, 2013 Gardenia Gardens Apartments is receiving a $6.5 million makeover, thanks to funds from the Low-Income Housing Tax Credit program, a federal subsidy used to finance the development of affordable rental housing for low-income households. Nathaniel Orange of Orange Realty in Jacksonville,...
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Multi-family a Trillion Dollar Business

As posted here on HousingFinance.com February 12, 2013 To those who live and breathe the multifamily business, it’s all about the bottom line. The economic impact of an apartment community is measured in net operating income, revenue and expense, debits and credits. But if you step back and consider the...
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Rural Housing Challenges

As posted here on HousingFinance.com December 6, 2012 Affordability remains the most significant housing challenge in rural America. Even though housing costs are lower in the rural areas, an increasing number of families are struggling to pay their monthly housing expenses, “Over 7 million households–three in 10–pay more than 30...
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