Affordable housing bonds

The tax fix is being lost in the rush by Congress to enact a temporary spending measure to keep the government operating through Feb. 8.

The Internal Revenue Service has told bond attorneys that the law doesn’t explicitly say that veterans are a special needs population under the rules for the tax-exemption for multifamily private activity bonds.

Such "granny flats" may be the next frontier for PACE financing.

Proceeds from a $40.64 million multifamily conduit revenue bond issue will benefit the residents of the Georgia King Village Project.

The District of Columbia Housing Finance Agency priced $74.5 million of tax-exempt bonds.

State Auditor Elaine Howle said the state's housing department's oversight of bond expenditures is inconsistent.

Municipal bond market participants offered their views on how California will confront housing, education and transportation challenges.

The city has $260 million in unspent bond authority that could go to housing, said Mayor London Breed.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

States reported a 20.2% jump in the issuance of private activity bonds from the $20.4 billion issued in 2016.