Affordable housing bonds

The Rhode Island Infrastructure Bank will offer $128 million of state revolving fund revenue bonds, and RIHousing will sell $172 million of homeownership opportunity bonds.

A speculative-grade deal to build on-campus housing at Santa Rosa Junior College is a first for a conduit issuer operating out of the State Treasurer's Office.

Final payouts are approaching for $170 million of defaulted BHF bonds with haircuts ranging from less than 10% to more than 50%.

Mayor Eric Garcetti wants to exponentially increase spending to reduce homelessness as reports emerge that previous efforts aren't keeping pace.

The rating agency's public finance housing group is now called the Community Development and Social Lending Group.

Transportation infrastructure, sustainability and affordable housing are in play in three different bond deals.

He starts next month a the new president and CEO of the Utah Housing Corp.

The coronavirus emergency spending bill enacted by Congress in December included a provision enhancing the Low-Income Housing Tax Credit so it’s a true 4%.

City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.

Deep bondholder losses are expected when the bonds issued for five Better Housing Foundation portfolios in and around Chicago emerge from Chapter 11.

The state's uncoordinated approach to allocating private activity bonds and funding affordable housing let $2.7 billion of authority go to waste, she said.

The No Place Like Home bonds, backed by a long-standing income tax surcharge, fund supportive housing for homeless people with mental health issues.

S&P said the downgrade is the result of what is likely a one-off analytic error in 2005; the bonds in question are held by Fannie Mae and have never traded.

Five specialists from the former BB&T Capital Markets, now part of Truist, are moving to Hilltop Securities.

The California Housing Finance Agency made its first use of a program that enables it to issue bonds beyond its yearly private activity bond cap.

About 30 million Americans risk being evicted in coming months because they can’t pay rent, one report says.

The letter, which includes signatures by 42 Republicans, requests an enhancement to the 4% Low-Income Tax Credit.

A bankruptcy judge will be asked to sign off on the sale of BHF's Shoreline portfolio in Chicago and will hold an initial Chapter 11 hearing on another portfolio.

Century Housing says it has financed 45,000 affordable housing units, but this marks its first venture into the municipal bond market with a muni CUSIP.

IRS General Counsel Michael Desmond said Wednesday his office has received “a number of requests” for extending deadlines.