Affordable housing bonds

Benjamin was mayor of Columbia from 2010 to 2021, leading the city through a time of tremendous growth.

Inflation continues to wreak havoc on new construction rental projects that are still in the pipeline.

Gov. Jay Inslee wants a $4 billion bond referendum for housing that would be outside the state's debt limit. State lawmakers must approve first.

Agency says it's the highest general obligation bond rating it has received in 47 years.

In the letter addressed to House congressional leaders, members urged leadership to expand the affordable housing credit and lower the PAB requirement.

Rising property values will help keep the $3.56 billion of new bonds manageable, particularly if issuance is spread over multiple years, rating analysts said.

Putting a county government into the real estate development business goes beyond making the numbers work.

Larry Kosmont, chairman and CEO of Kosmont Companies, discussed the interplay between state and local governments as electeds work to solve the state's housing crisis with Keeley Webster, a senior reporter for The Bond Buyer. (18 minutes)

City leaders announced the availability of 30,000 Section 8 housing vouchers this week.

Guilford County's request for a $1.7 billion voter-approved bond package, however, was put on hold until the next Local Government Commission meeting.

The taxables are the city's first social bonds, which S&P said are aligned with the International Capital Market Association's Social Bond Principles.

Included in the Democrats’ all but dead Build Back Better bill, an expansion of the low-income housing tax credit could be a boon for the housing sector.

Talks between original holders and a law firm over potential securities fraud litigation did not pan out, and trustee UMB NA has canceled all the bonds.

The California Health Facilities Finance Authority will price the final authorization of $1.05 billion from the $2 billion program on Tuesday.

The city's current trajectory could drive per-unit costs to $1 million, according to the audit by City Controller Ron Galperin.

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.

A first-time home buyer program would be fueled by a huge bond component, if Sen. Robert Hertzberg gets lawmakers to put it on the ballot and voters approve it.

CDFA is advocating for a holistic solution from Congress to address private activity bond challenges.

Fitch Ratings changed the outlook on the city's bonds to stable from negative ahead of the deal.