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Tax cut plan: Affordable housing could lose big in Republican proposals

The House tax plan cuts bonds that fund affordable housing. The Senate plan keeps them. Private activity bonds are tax exempt and are issued by governments and loaned to private companies to finance housing.         .....»»

Category: topSource: usatodayNov 14th, 2017

Capitol Report: Republican tax plan could grind affordable housing construction to a virtual halt

Tax reforms would decimate a popular and proven program for developing rental units affordable to low and moderate income Americans......»»

Category: topSource: marketwatchDec 6th, 2017

D.C. lining up millions to build new affordable housing units, Bowser says

D.C. Mayor Muriel Bowser said Monday that local developers will play a critical role in her plan to create at least 10,000 affordable housing units over the next five years across all eight wards in the District. Bowser outlined plans to invest $100.....»»

Category: topSource: bizjournalsMar 27th, 2018

Council gives the go-ahead to tax breaks for affordable housing development

Only Commissioner Fritz opposed the plan, saying that the roughly $800 subsidy per unit could be better spent somewhere else......»»

Category: topSource: bizjournalsMar 21st, 2018

Newport Midwest to build affordable, "ultratight" apartments in NE Mpls.

Developer Newport Partners plans to begin construction this spring on Hook and Ladder Apartments, a 118-unit workforce-housing project in Northeast Minneapolis. The Star Tribune reports on the plan for 2212-2320 Jefferson St. NE., a 2-acre site a.....»»

Category: topSource: bizjournalsMar 16th, 2018

Denver adopts new affordable-housing investment policy

The Denver City Council has adopted a five-year policy, strategy and investment plan called Housing an Inclusive Denver after a year of public input and research. The policy, adopted late Tuesday, aims to guide the city's affordable-housing inve.....»»

Category: topSource: bizjournalsFeb 21st, 2018

Why Trump"s "giant" middle class tax cut is less than advertised

President Trump on Wednesday made what the White House billed as his "closing argument" for the Republican tax plan making its way through Congress. His main argument: The proposals will result in a "giant tax cut" for the middle class......»»

Category: topSource: cnnDec 13th, 2017

GOP tax plan would make US housing shortage even worse

In San Francisco and Scarsdale, Jersey City and Greenwich, the real estate talk is the same: Just how bad will this Republican tax overhaul hurt?.....»»

Category: topSource: moneycentralDec 6th, 2017

GOP tax plan would make US housing shortage even worse

In San Francisco and Scarsdale, Jersey City and Greenwich, the real estate talk is the same: Just how bad will this Republican tax overhaul hurt?.....»»

Category: topSource: moneycentralDec 6th, 2017

VBHC defers initial float plan

Jerry Rao's affordable housing foray says IPO market in difficult phase; in talks for raising funds from US firm.....»»

Category: topSource: business-standardNov 19th, 2017

With House tax plan, affordable-housing developers could find themselves underwater

In 2007, former council speaker Gifford Miller’s affordable housing company started work on a 1,300-unit Bronx project called Compass Residences.  Signature Urban Properties has now... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 17th, 2017

8-Month High Builders" Confidence in November: Key Picks

The latest spike in builders' confidence reaffirms the industry's strength, defying the Republican tax plan woes. Adding a few housing stocks .....»»

Category: dealsSource: nytNov 17th, 2017

House tax plan would mean higher borrowing costs for hospitals, schools, affordable housing

Hospitals, university buildings and affordab.....»»

Category: topSource: latimesNov 17th, 2017

GOP tax plan would kill thousands of planned affordable housing units in Washington state

Loss of "private activity bonds," which the House is proposing to eliminate, would cost Washington state nearly 51,700 affordable housing units over the next 10 years, according to one analysis......»»

Category: topSource: bizjournalsNov 15th, 2017

Pro-development YIMBYs plan San Francisco affordable housing ballot measure

Pro-development "yes in my backyard" activists are planning their first ballot measure......»»

Category: topSource: bizjournalsNov 13th, 2017

Tax plan: How the Senate's tax proposal affects you

401(k) investors and homeowners gain some tax benefits but lose others when comparing the Republican Senate plan w.....»»

Category: topSource: usatodayNov 9th, 2017

Market Snapshot: Stocks poised for worst drop in 2 months as tax-delay weighs on sentiment

U.S. stocks lose ground Thursday, pulling back from all-time highs after a Senate Republican tax plan includes a delay of cuts to corporate taxes to 20% from 35% until 2019......»»

Category: topSource: marketwatchNov 9th, 2017

The Republican Tax Plan Will Crush These Housing Markets

For the past few weeks, Chuck Schumer and Nancy Pelosi have screamed to anyone who would listen that the GOP tax plan is nothing more than a tax break for millionaires and an attack on mid.....»»

Category: blogSource: zerohedgeNov 8th, 2017

The GOP tax plan would slam this major housing market

California’s biggest housing markets figure to be among the losers if a Republican-sponsored tax overhaul becomes law, according to two analyses of local market data......»»

Category: topSource: moneycentralNov 8th, 2017

The GOP tax plan would slam this major housing market

California’s biggest housing markets figure to be among the losers if a Republican-sponsored tax overhaul becomes law, according to two analyses of local market data......»»

Category: topSource: moneycentralNov 8th, 2017

GOP tax bill would kill deduction for student loan interest

Millions of Americans would lose the ability to deduct up to $2,500 in student loan interest under the Republican tax bill, a proposal that education advocates say will make college less affordable......»»

Category: topSource: foxnewsNov 8th, 2017