NEF has invested $6.9 billion of equity that has helped build 100,000 homes in 1,600 projects across America.
Contact us today to learn more about what we do.
LISC Applauds HEARTH Focus on Homelessness
LISC and NEF, Inc. are applauding President Obama's recent signing of HEARTH as part of a broader package of housing legislation. The Homeless Emergency Assistance and Rapid Transition to Housing Act (HEARTH Act) will help communities tackle difficult issues surrounding homelessness by providing critical new resources for emergency housing, offering incentives for developing permanent supportive housing and focusing on prevention among at-risk populations, including families.
Read more.
NEF, Inc. Advisory Services for HFA's
NEF, Inc. offers a line up of advisory services to help states implement and maximize the impact of the new tax credit exchange and HOME gap financing programs created under the American Recovery and Reinvestment Act. The services include program design, pre-closing, closing, subaward disbursement and post-construction asset management.
Get details about each level of service or contact us now for more information.
NEF Projects Among 2009 AHTCC Edson Award Winners
Edson Awards are presented to the most outstanding LIHTC properties in six categories and celebrate the 
best in affordable rental housing development.
The Meadows in North Smithfield, RI, developed by Woonsocket Neighborhood Development Corp. received top honors in the Senior Housing Category. NEF invested $7.0 million on behalf of ten investors. Read more.
Verne Barry Place in Grand Rapids, Mich., developed by Dwelling Place, Inc., received the Excellence Award for metropolitan/urban housing. The $19 million, 116-unit project involves the historic rehab of three aging structures and the new construction of a LEED-certified tower to link them. Read more.
NEF Project Honored by ULI
The Urban Land Institute (ULI) recently honored DeVries Place Senior Apartments, a ‘green’ affordable housing project serving very low-income seniors in Milpitas, Calif, with the 2009 Awards for Excellence: The Americas award. Read more.
New Markets Tax Credits
The NMTC program represents the largest federal community development tax initiative in nearly 20 years and is designed to provide investors with credits against federal income tax in return for new investments made in eligible businesses and commercial projects in low-income areas, thereby stimulating the investment of private capital in distressed communities. Learn more about the program.
The Buzz: Another Perfect Storm Hits Gulf Coast, Midwest
Buzz Roberts, LISC Senior Vice President for Policy and one of the country’s leading
voices on affordable housing policy and LIHTCs, analyzes legislative efforts to address
new housing credit realities in the most recent Journal of Tax Credit Housing.
Read the May 2009 issue of The BUZZ, or access The BUZZ archives.
