The bipartisan bill aims to improve the Low Income Housing Tax Credit through a number of changes.
The “skinny” budget would cut HUD funding from $46.9 billion in FY-2017 to $40.7 billion – a 13.2 percent reduction.
The National Low Income Housing Coalition has composed a sign-on letter urging Congress to maintain funding for the National Housing Trust Fund, the only Federal Program designed to preserve and build housing for the lowest income bracket. NH&RA is proud to be a signatory on the letter and urges its members to sign on as well by the March 22 deadline. See below for a message from NLIHC:
When Dan Paquet raised an American flag at the dilapidatedPortland School building last fall, it was a symbol of an exciting new era for the historic property in Portland, MI. Paquet’s employer, The Woda Group, Inc., was preparing to begin a $7.42 million historic renovation adapting the 1919 school building into 29 modern, high-quality apartments, […]
Beacon Communities LLC is using $42.5 million in MassHousing financing and other funding sources to refinance the 161-unit Quincy Tower at 5 Oak St. West in Chinatown for low-income senior citizens and complete nearly $12 million in property upgrades.
Brian has served as Gorman & Company’s Arizona Market President for the past eight years.