Mansfield Re-Certification 2024-2025
Tiber Hudson is Proud to Announce Our Mansfield Re-Certification for 2024-2025
Tiber Hudson is Proud to Announce Our Mansfield Re-Certification for 2024-2025
For years, housing advocates have sought tweaks to the Low Income Housing Tax Credit program that intend to bolster the number of affordable units produced each year. Recently, those advocates succeeded in their efforts, as two essential changes were codified as part of the sprawling One Big Beautiful Bill Act (H.R. 1), signed into [...]
Industry leaders discuss the lower bond threshold for LIHTC deals. A major change is on the horizon for affordable housing development as key provisions of the One Big Beautiful Bill begin to take effect. Among the most significant reforms is the permanent reduction of the bond financing threshold for 4% low-income housing tax credit [...]
WASHINGTON, D.C. —Tiber Hudson LLC has been ranked by Refinitiv as No. 1 underwriter’s counsel for multifamily issues for the seventh year in a row, and, for the first time, No. 1 underwriter’s counsel in the U.S. for all types of municipal issues, based on the number of bond issues closed in 2024. Tiber [...]
Introduction: For an affordable multifamily housing project to qualify for the maximum allowable amount of four percent Low Income Housing Tax Credits (LIHTCs), at least 50 percent of the project’s aggregate basis (consisting of eligible basis plus land) must be financed with the proceeds of tax-exempt bonds issued pursuant to an allocation of private [...]
Tiber Hudson is Proud to Announce Our Mansfield Re-Certification for 2023-2024
The increased use of tax-exempt, private activity bond (PAB) financing for affordable multifamily housing shows no signs of slowing, despite high interest rates and increased construction costs. “I can say the trend line [for 2024] is at minimum flat, if not slightly increased,” said Kent Neumann, a founding member of Tiber Hudson LLC, a [...]
Due to the COVID-19 pandemic and resulting impacts on the economy and financial markets, as well as the Federal Reserve's raising of short-term rates to stave off inflation, interest rates and construction costs have risen dramatically, resulting in funding gaps that many multifamily affordable housing developers in the four percent Low Income Housing Tax [...]
Every year, Black History Month is a time to honor the achievements, histories, and vital diverse lives that have shaped the Black community and American history as a whole. Tiber Hudson celebrates the diversity that inspires our organization, our communities, our culture, and beyond. We are a proud Minority-Owned Business and [...]
Affordable housing developers are starting the new year on a hopeful note after Federal Reserve officials left interest rates unchanged at the end of 2023 while signaling that cuts may be on the horizon. That would bring some needed relief to developers who were hit with rising operating and development costs last year, including [...]