Here's the week's top news in the multifamily and affordable housing sectors, courtesy of our sister magazines, Multifamily Executive (MFE), Affordable Housing Finance (AHF), and Apartment Finance Today (AFT).
Obama Outlines HUD Budget Increase
Renters Forgotten in Foreclosure Crisis
REITs Test Apartment Disposition Markets
Credit Jolt: Colonial Announces $350 Million Facility
Bank Failures Expected to Continue
Enterprise Leverages $515 Million in New Markets Tax Credit Allocations
Apartment Sales Fall Off in January
CMBS Defaults Expected to Soar in 2009
RCG Longview Closes $600 Million Debt Fund
In addition, here is multifamily news you may have missed from the week of Feb. 23, also by MFE, AFT, and AHF.
AIMCO’s Senior Management Team Consolidates
Associations Warn of Systemic Failure in Apartment Sector
Long Commutes Financially Burden Working Families
Miami-Area Properties Fall 43% in 2008
REITs Continue Layoffs, Impairments, Dire Warnings
Legislation Forces More Apartments to Go Smoke-Free
Fannie Mae Makes Adjustments for 2009
Innovative Preservation Projects Receive $32.5 Million
GSEs Tighten Up on Affordable Housing Deals
Fannie Mae Mulls Return to Variable-Rate Bond Market
POAH Takes Over Six Florida Properties
California Postpones LIHTC Round
Learn more about markets featured in this article: Miami, FL.