Monday, April 17, 2017

DC Fund Supports Affordable Housing As LIHTC Market Fluctuates

April 17, 2017                              By: Erika Morphy

WASHINGTON, DC--The Low Income Housing Tax Credit market is in a state of flux as prices rest but the District's Housing Production Trust Fund is providing gap money for deals.
Petworth Place
WASHINGTON, DC–The Low Income Housing Tax Credit market is in a state of flux right now for reasons we will discuss in a moment. One exception, though, has been The District, where LIHTC deals are still routinely closing — assuming they are viable transactions — will little difficulty.

For that, the market can thank the District’s Housing Production Trust Fund, Greysteel Senior Investment Associate Alicia Orkisz tells GlobeSt.com........Read More

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