Debt financing outlook likely to improve as equity investment slows

AFFORDABLE HOUSING FINANCE - NOVEMBER 2000

The outlook for affordable housing in the coming year is probably better than it was a year ago, but only slightly. In a phrase, one might say the heat is off. In an election year, with the Federal Reserve Board more concerned about recession than inflation, and with home building likely to keep slowing, the overheated real estate market is experiencing a welcome cooling trend, or as some call it, a return to sanity.

(Woodland Hills, California, January 12, 2007) – The Alliant Company, LLC, the parent of Alliant Capital, Ltd. (“Alliant”), today announced the closing of its acquisition of EF&A Funding, L.L.C. (“EF&A”). Financial terms were not disclosed.

Alliant is a leading sponsor of affordable housing tax credit partnerships with offices nationwide. Founded in 1997, Alliant is among the top sponsors in the nation, having raised more than $2.4 billion in investor equity and sponsoring over 41 corporate tax credit funds. Its partnerships have developed over 433 properties in 38 states making Alliant one of the top 25 multifamily property owners in the United States.

Visitacion complex shows how to add new homes to old cities.

(San Francisco) - You don't expect San Francisco's best-looking batch of new homes to be tucked against the Daly City border, with the vast Cow Palace parking lot stretched out across the street.

But just off Geneva Avenue in Visitacion Valley is where you'll find a complex called Carter Terrace snapped snug into a hillside, its streamlined buildings filled with residential flats stacked three and four high. The look is right-angled and sharp, as crisp as can be, but accents like cedar railings on the balconies add a graceful warmth.