Industry News

Economic and Fixed Income Insights as of October 11, 2017

Presented by Stifel, Nicolaus & Company, Incorporated Total mortgage application volume fell 2.1% last week, according to the Mortgage Bankers Association. Refinance activity continued to lag while applications to purchase a home also fell. The weak report was mostly due to higher interest rates. According to Freddie Mac, the average contract interest rate for a […]

CohnReznick Study Finds LIHTC Properties Operating at Record Numbers

CohnReznick recently released the sixth installment of an ongoing report, Housing Tax Credit Investments: High Performance and Increased Need. The report surveys a portfolio of over 22,000 LIHTC properties and the numbers this year show the best performance recorded over the 31 year history of the LIHTC program.

HUD Expedites Relief from Regulatory Requirements for PHAs for Hurricane Relief Efforts

HUD recently published a notice in the Federal Register that establishes an expedited process for reviewing requests for relief from HUD regulatory/administrative requirements for PHAs located in Texas, U.S. Virgin Islands, Puerto Rico, Florida, and Georgia. The expedited process will also apply to future Major Disaster Declarations for the remainder of 2017.

Member News

Woda Group Property Receives LEED Gold and Silver Certification

The Woda Group, Inc., is pleased to announce that Fayette Landing, a permanent supportive housing development in Washington Court House, OH, has earned LEED Gold and LEED Silver Certifications from the U.S. Green Building Council (USGBC).

MacRostie Historic Advisors Opens Office in Houston, TX

MacRostie Historic Advisors is pleased to announce the opening of the MHA Southwest office in Houston, Texas. Longtime industry professional Anna Mod will serve as director of the new office, which will be the sixth MHA location nationwide.

Cinnaire Recognized as a Crain’s Detroit Business Cool Place to Work

This is the fourth time Cinnaire has been selected for this prestigious list.