2008B Round deadline is October 1st at 5 PM Click here for application materials The Federal Home Loan Bank of New York (FHLBNY) approved twenty-three New Jersey Affordable Housing Program (AHP) projects totaling $9,269,000 for a total of one thousand one hundred fifty (1,150) units of affordable and supportive housing. The New Jersey awards were […]
Posts on supportive housing in NJ.
The New Jersey Housing Mortgage Finance Agency released the 2008 Low Income Housing Tax Credit awards today for the spring round on July 1, 2008. The total tax credit allocation in this round was $15,087,652. Twelve (12) different projects were funded. A total of eight hundred thirty four (834) low income units will be developed. […]
We found this update on tax credit pricing in the Wall Street Journal on June 18, 2008. Is this a sign that the long decline and near collapse of the tax credit market coming to an end? The federal government’s largest program for producing affordable housing is showing signs of stability after months of being […]
Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Chuck Grassley (R-Iowa) announced on June 17, 2008, that they intend to offer tax measures as part of a larger amendment to a housing bill, H.R. 3221. We reported on the House passage of the H.R. 3221 on May 11, 2008. To view all of […]
We recived this very sad news from our friend Leslie Stivale from Triple C Housing. We will miss Ms. Ambruso. Dorothy Ambruso, a trailblazer in community mental-health and supportive housing, died early Tuesday morning at Somerset Hospital. Born in Hershey, Pennsylvania, she moved to New Jersey as a teenager, residing in Middlesex, Morris and Somerset […]