Last Updated: April 25, 2005 12:41pm ET

$86M in Awards to Fund Low-Income Housing Development

By Barbra Murray

CROWNSVILLE, MD-The development and rehabilitation of 790 affordable rental housing units becomes a reality as the Maryland Department of Housing and Community awards $86 million in Federal Low-Income Housing Tax Credits and Rental Housing Funds for 10 developments in five Maryland counties and the City of Baltimore.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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