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Summer 2007
8/22/2007
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Affordable Housing From A Tenant's Perspective
This article details three tenants' personal accounts of the positive impact of finding affordable housing. Each tenant's story and community is unique, yet tied together with one common thread.
8/22/2007
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Events & Happenings
Changing of the Guard: Beth Hunter & Victor Vasquez, Indiana Housing & Community Development Authority & Corporation for Supportive Housing, New GLCF Team Members, and more...
8/22/2007
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GLCF Sponsoring Auction for A Worthy Cause
In support of the Children's Trust Fund of Michigan, GLCF is sponsoring an online auction that will be hosted on this website. The auction items are from the Fifth Annual Cherish the Children Ultimate Fantasy Auction. All proceeds go to the Children's Trust Fund of Michigan.
8/22/2007
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Importance of Tax Credits
(A CDC's Perspective)
We all know a healthy community when we see one. It's vibrant, diverse and inviting - a place that supports all types of development without sacrificing people. It's a place that is able to weather economic and social change with grace.
8/22/2007
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Investments from Companies Other Than Banks
We're seeing increased interest from a variety of companies purchasing Low Income Housing Tax Credits (LIHTCs). Historically, the primary investors included financial institutions and government sponsored enterprised (GSEs) like Fannie Mae and Freddie Mac. However, as the LIHTC program has matured and this type of real estate investment has proven itself to be safe and effective, there are quite a few new investors stepping forward.
8/22/2007
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Organization Aims to Ease Burden of Poverty
For over 40 years, CAP Services has helped low-income individuals become self-sufficient members of society. With the increasing struggles that families face today, it's only natural that low-income families would endure considerably more hardships. However, CAP Services has been working to alleviate some of the adversity.
8/22/2007
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LIHTC's From A Developer's Perspective
Keller Development, Inc., one of the leading builders/developers in the multifamily affordable housing arena sits down for a Q & A session. Drawing on their extensive background, they explore advantages of the LIHTC program, as well as some potential pitfalls.
8/22/2007
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Why Do Banks Invest in Low Income Housing Tax Credit Developments?
R. Wayne Koehler, President of Fifth Third Community Development Corporation briefly discusses Low Income Housing Tax Credits, Historic Tax Credits and New Market Tax Credits as ways to offset tax burdens. He focuses on the Low Income Housing Tax Credits (LIHTCs), emphasizing their importance.
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