FOR IMMEDIATE RELEASE
Press Contact: Thom Amdur, Executive Director
National Housing & Rehabilitation Association
202-939-1753 or tamdur@housingonline.com
Affordable Housing in the “Four Corners” Region: Development Opportunities & Allocation Outlook Detailed in New Special Report
Multifamily housing developers, community organizations, investors and lenders interested in affordable housing in the Southwestern United States have a new resource available that provides a comprehensive overview of current opportunities. A special report entitled “Diverse Needs: A Look at Housing Credit Programs in the ‘Four Corners” reviews recent and current tax credit allocation activity, project trends and state priorities in the “Four Corners” states — Arizona, New Mexico, Colorado and Utah — and is available, free of charge, from the National Housing & Rehabilitation Association (NH&RA), a Washington, DC-based trade association of affordable housing professionals, and Tax Credit Advisor magazine.
“Developing affordable housing is an information-intensive and relationship-driven enterprise,” explains Peter Bell, NH&RA’s President & CEO. “For over 40 years now, our organization has been bringing together real estate developers, state and local officials, executives from nonprofit community organizations, lenders and investors to explore opportunities, share perspectives on policy matters, discuss the latest financing techniques and figure out how to most effectively build and operate affordable housing.”
This year, NH&RA’s 32nd Annual Summer Institute, will be held at the Eldorado Hotel in Santa Fe, New Mexico, July 24-28. A multidisciplinary audience of housing interests will participate in a series of panel discussions, workshops, and networking activities designed to provide updates on state of the art financing, useful programs, green building, affordable housing in rural and resort communities, preserving existing affordable housing, historic rehabilitation, innovative development, negotiating deals, and more. Additional information about the Summer Institute can be found here.
The special report was prepared for NH&RA by the editorial staff of Tax Credit Advisor, a monthly magazine covering the affordable housing industry, to provide an informational backdrop for the discussion that will take place at NH&RA’s 2013 Summer Institute. The report covers recent allocation and development activity, agency priorities, anticipated changes to 2014 state allocation plans for tax credits, and which types of projects are most likely to be successful in obtaining low income housing tax credits.
“Our goal was to provide the developers and professionals interested in the four corners region with analysis and insight that will help them pinpoint the right opportunities to pursue,” notes Thom Amdur, NH&RA’s Executive Director.
Anyone who wishes to obtain a complimentary copy can download the report here.
About NH&RA
Since 1971, National Housing & Rehabilitation Association (NH&RA) has been convening the most sophisticated participants in the affordable housing sector in an ongoing series of “idea exchanges” on how to serve the communities in which we work most effectively. Participants include, first and foremost, affordable housing developers, as well as equity investors, tax credit syndicators, lenders, bond underwriters, investment bankers, construction executives, representatives from nonprofit organizations, state and local officials. Known for the depth and quality of the content presented at our events, NH&RA members credit the success of many of their ventures to information and relationships obtained by participating in our quarterly forums. For more information about NH&RA please visit our website at www.housingonline.com or contact Thom Amdur, 202-939-1753, tamdur@dworbell.com.
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