Small buildings are the foundation of the multifamily housing stock across New York State, and serve as a haven of naturally occurring affordability for low- and moderate-income renters. Investing in the quality and stability of the small building stock is critical to serving the needs of current and future tenants, and to promoting economic prosperity in neighborhoods large and small across the State.
Capital One provides a comprehensive and innovative approach to supporting affordable housing, a central part of creating healthy, thriving communities. We provide capital to finance a diverse range of affordable housing developments, including those built by nonprofits, local agencies and speciality developers. Since 2007, we have invested $11.6 billion in affordable housing, financed over 128,000 affordable housing units, and created more than 145,000 jobs.
By Job Prior, American Banker
The 2017 federal tax overhaul sharply reduced banks’ tax rates, but it also provided less incentive for banks to invest in affordable housing.
As banks’ tax bills have declined, the tax credits used by developers to build more affordable housing have simply become less attractive to banks.
Washington, DC – (June 5, 2019) Today, National Association of Affordable Housing Lenders (NAAHL) will host its annual Policy and Practice conference at the National Press Club in Washington, DC. Housing industry leaders and policy makers from banks, financial institutions, non-profits and federal agencies will discuss ‘What’s Next for Neighborhood Finance’ and provide updates on affordable housing policies such as the Community Reinvestment Act (CRA) and opportunity zones.
By Andrea Riquier, Market Watch
The apartment building at 410 Cedar St. in Washington, D.C., is undergoing a multiyear restoration that aims to keep it affordable for its current residents and for generations to come.
By Scotsman Guide
Twenty-eight organizations in the real estate industry, including the National Association of Realtors (NAR), Mortgage Bankers Association (MBA) and the National Association of Affordable Housing Lenders (NAAHL), sent a letter Friday to the Federal Housing Finance Agency urging for reforms to Fannie Mae and Freddie Mac.
By Buzz Roberts, Impacting Our Future/USA Today
Wouldn’t it be great to have a way to build and renovate affordable apartments that could bring government, the private sector and local communities together as partners; that could produce quality homes that would fit local needs and improve neighborhoods; that could serve families, the elderly and even the disabled and the homeless well for decades; that Republicans, Democrats, developers and communities could all get behind?
By Mark O'Meara, Novogradac
The Community Reinvestment Act (CRA) of 1977 provides a framework for financial institutions, state and local governments and community organizations to promote banking services to all members of a community.
By Buzz Roberts, Novogradac
Modernizing Community Reinvestment Act (CRA) rules presents both threats and opportunities for community development, which under CRA includes affordable housing, economic development, neighborhood stabilization and revitalization, community services, and disaster area recovery.
By Brad Stanhope, Novogradac
The Community Reinvestment Act (CRA) has been around for more than 40 years and its current regulations are 23 years old.
Change is on the horizon.
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
The Center for Community Lending (CCL) is a 501(c)(3) nonprofit that conducts and sponsors research about community lending. To support CCL’s mission, visit
centercommunitylending.org.
© 2021 National Association of Affordable Housing Lenders | Designed and Developed by Ibel Agency | All Rights Reserved
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
The Center for Community Lending (CCL) is a 501(c)(3) nonprofit that conducts and sponsors research about community lending. To support CCL’s mission, visit
centercommunitylending.org.
© 2021 National Association of Affordable Housing Lenders | Designed and Developed by Ibel Agency | All Rights Reserved
