News

As thousands of LIHTC properties reach Year 15 of the compliance period with physical needs and inadequate reserves to address them, growing interest among state allocating agencies in preservation and a continuing active tax credit market, re-syndication is an attractive option for owners.

BOSTON, MA – Today, TCAM announced a new engagement working with an investor in Low-Income Housing Tax Credit assets. The investor has a large and growing portfolio of tax credit investments, including direct investments and interests in syndicated funds.

From November 20-22, over 900 developers, capital providers and other professionals in the affordable Housing industry met in Chicago for AHF Live: The 2013 Affordable Housing Developers’ Summit.

Low-income housing tax credit (LIHTC) industry observers are hopeful that the recently announced accounting change will attract new investors to the market.

An appointed conference committee will work on a fiscal year 2014 budget agreement by December 13 that could lead to the passing of spending bills for the remainder of the fiscal year and the replacement of sequestration.

LIHTC asset management, in a nutshell, is the process of overseeing a property’s financial performance, physical condition and compliance with applicable regulations to help investors, lenders, state agencies and other capital providers receive expected benefits and manage their risk.

Workouts are unusual in affordable housing, but when they occur they are also unusually difficult and complex. Affordable housing transactions often have multiple layers of financing and regulatory requirements, public, private and non-profit participants

BOSTON, MA – TCAM, a leading investment manager and consultant in the affordable housing industry, today announced its role in the recent acquisition by the Housing Partnership Equity Trust (“Equity Trust”) of Woodmere Trace Apartments, a 300-unit property in Norfolk, Virginia.

Are you an owner-developer or investor of multifamily rental properties who spends a considerable amount of time inputting financial and operational data into Excel spreadsheets or another basic system in order to perform asset management functions? Do you wish that you could devote less time

After a 16-day standoff, the United States Congress passed and the President signed into law the reopening of thefederal government and the raising of the nation’s debt ceiling.