Industry News

Economic and Fixed Income Insights as of September 20, 2017

Presented by Stifel, Nicolaus & Company, Incorporated Markets have maintained an appetite for risk assets, sending both the Dow Jones Industrial Average and the S&P 500 to fresh records despite continued provocation from North Korea.  In the latest round of economic data, inflation surpassed expectations in August, jumping to a 1.9% annual pace, and retail […]

HUD Reiterates HAP Effective Date Flexibility as Busy 4th Quarter Begins

Given the historically large number of RAD closings ever November, HUD has suggested to owners closing in October to consider a December 1 HAP effective date rather than November 1.

Cohn Reznick Releases Updated Survey on LIHTC Performance

CohnReznick found that housing tax credit properties are operating better than any period in the program’s history.

Member News

Michael McGovern Joins Regions First Sterling As Vice President, Relationship Manager For Midwest Region

Mr. McGovern will focus on sourcing and originating affordable housing transactions in Illinois, Michigan, Wisconsin and Minnesota.

Tennessee Housing Development Agency Names NH&RA Members as Awards Finalists

Five NH&RA member companies are amongst the nominees: Highmark Holdings, Enfield Management, LHP, Knoxville Community Development Corporation, and Art Cate individually of Knoxville Community Development Corporation as well.

The Community Builders and Partners Selected to Participate in National BUILD Health Challenge

Avondale Children Thrive is one of 19 partnerships selected to participate in the nationwide BUILD Health Challenge, a unique national program focusing on bold, upstream, integrated, local, and data-driven projects that can improve community health.