Affordable housing bonds

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.

The Affordable Housing Credit Improvement Act last week achieved a milestone by garnering bipartisan cosponsorship by more than half of the 435 members of the House.

S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.

The Illinois attorney general's office is also believed to be looking into the foundation, which issued $170 million of tax-exempt bonds that have defaulted.

Rep. Peter DeFazio said gas tax revenue could finance $500 billion in Treasury bonds.

Bankruptcy hearings are underway for Lindan Properties, one of five troubled bond-financed Better Housing Foundation affordable housing portfolios in the area.

Newsom highlighted programs to combat homelessness in his annual address.

The Community Preservation Corp. says its inaugural sustainability offering is the single largest bond sale by a community development financial institution.

The state conduit that issued $170 million of defaulted Better Housing Foundation bonds is weighing in as S&P prepares housing bond criteria changes.

A proposed asset sale would resolve — with a loss for bond investors — one of five Better Housing Foundation-owned portfolios in default in the Chicago area.

The city comptroller, assailing what he called a "gentrification industrial complex," proposed measures including eliminating a state tax subsidy program.

The New York City Housing Development Corp. plans to issue $375 million of housing impact bonds, a new category of sustainable development bonds.

The San Diego City Council approved a resolution asking staff to craft language for a $900 million affordable housing bond.

Rhode Island's governor is asking lawmakers to forward $269 million worth of initiatives to voters.

The Better Housing Foundation's Chicagoland suburban bond portfolios are now experiencing bond covenant and payment defaults.

Bob Labes, a partner at Squire Patton Boggs, explores the growth of multifamily housing bonds, private activity bond caps, the RAD program and other dynamics. Paul Burton hosts.