Congratulations to RHLS client NewCourtland, which has received Low Income Housing Tax Credits to support its LIFE Center in North Philadelphia. The project will provide 60 units of housing for seniors,…
Category: Development
HUD Awards $98 Million to Provide Permanent Housing and Services to Low-Income People with Disabilities; PA to receive $5.7M
On February 12, 2013, HUD and the U.S. Department of Health and Human Services (HHS) announced that they are providing $98M in funding to 13 state housing finance agencies "for…
Comprehensive Review of the LIHTC Program at Year 25
CohnReznick LLP has published a comprehensive review of the Low Income Housing Tax Credit portfolio 25 years after the creation of the program. The study finds a critical shortage of…
Most LIHTC Properties Remain Affordable
HUD reports that most Low Income Housing Tax Credit (LIHTC) units remain affordable to working families after their initial 15 year affordability period. However, HUD also notes that as the…
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Accessible Dreams Ribbon Cutting in Canonsburg, PA
RHLS was pleased to take part in our client, Accessible Dreams’, ribbon cutting on June 18th, 2012. Accessible Dreams specializes in the development of barrier free homes for individuals with…