Q&A: Steven Fayne Discusses LIHTC Rental Rate Projections
Steven Fayne, Principal of Align Finance Partners and a member of its Investment Committee, explains how COVID’s impact will affect area median incomes (AMIs) and LIHTC rental rates.
BRIDGE Housing Pivots for Latest Financing
Align Finance Partners has closed on a $23.1 million 501(c)(3) bond transaction with BRIDGE Housing that allows the affordable housing organization to access tax-exempt debt without a 4% low-income housing tax credit award.
AHF Unveils 2017 Hall of Fame Inductees
Four longtime leaders will be inducted into Affordable Housing Finance’s Hall of Fame for their lasting contributions to the industry. They have helped develop tens of thousands of affordable homes across the nation and advocated for better housing programs and policies.
Affordable Housing Industry Veteran Steven Fayne Joins Align Finance Partners
Steven Fayne, a long-time trailblazer in the affordable housing industry, has come out of retirement to join Align Finance Partners, a commercial real estate finance company that provides innovative mezzanine financing for the acquisition, renovation and development of affordable housing communities in the Western U.S.
EXCLUSIVE: New Debt Product Draws Affordable Housing Leader Steven Fayne Out Of Retirement
Looking to use his affordable housing lending expertise on a unique product, Steven N. Fayne, a well-known leader in the affordable housing industry, has come out of retirement and joined San Francisco-based Align Finance Partners.
Paving the Way
Affordable housing developer is working with industry leaders to forge ahead in a post-tax reform environment.
Highridge Costa Companies, one of the nation’s most reputable and prominent affordable housing players, is working with other industry leaders to address emerging challenges facing the industry in the wake of the federal tax reform.
Experts Weigh In On How To Build More Workforce Housing
When it comes to housing, the middle class is getting squeezed. Many tax incentives go toward affordable housing for low-income residents, and the rising cost of land and construction have many developers building market-rate projects, which doesn’t leave much room for those developers wanting to build workforce housing products, experts said.
What is Driving the Affordable Housing Space?
Affordable housing is a growing issue, specifically, how to produce more of it in California. Align Finance Partners’ Dani Evanson moderated a panel at 2018 Connect Apartments in Los Angeles titled What is Driving the Affordable Housing Space?
Align Finance Partners Provides Gap Financing to Affordable Housing Developers
As federal funding continues to shrink, it has become increasingly difficult to finance the development and acquisition of affordable housing. Align Finance Partners (AFP) is trying to change that.
Developers Gain Welcome Boost
New firm launches alternative financing for developments that reserve at least 20% of their units for low-income residents. There may be a new way to finance apartment projects that include affordable housing. Align Finance Partners, a recently formed private commercial real estate finance firm, plans to provide subordinate gap financing for the acquisition, renovation, and development of multifamily properties in the West.
Align Seeks to Fill Funding Gaps
“We’ve developed, owned and operated affordable housing since 1994,” says Michael Costa of Align Finance Partners. “Now, as it has become progressively more difficult to produce housing for families and seniors of lesser means, we have created a new debt product to help finance the preservation and development of desperately needed affordable housing.”
New Firm to Launch Alternative Financing for Affordable Housing
Align Finance Partners, a recently formed private commercial real estate finance company, plans to provide subordinate gap financing for the acquisition, renovation, and development of multifamily communities in the West. The financing will be structured as a tax-exempt private-activity housing bond or 501(c)(3) bond, secured by a second deed of trust on the property or interest in the ownership entity.
Align at the Greater LA Capital Markets and Real Estate Finance Conference
Dani Evanson will join a roundtable panel of investment experts to discuss the Los Angeles debt market, equity and investment dynamics.
The panel discussion will be held by Bisnow on April 3, 2019 from 8:00 – 11:00 AM PST
Align at the 19th Annual California Developers’ Roundtable
Steven Fayne will join a roundtable panel of investment experts to discuss different financing structures available for mixed income developments.
The panel discussion will be held by Hunt on February 12, 2019 at 1:00PM PST
Align at IMN’s 16th Annual Winter Forum on Real Estate Investing
Dani Evanson will join a roundtable panel of investment experts to discuss creative financing for affordable housing projects.
The panel discussion will be held by IMN on January 17, 2019 at 4:15PM PST
Align at Bisnow Multifamily Annual Conference
Align has been invited to participate in the panel discussion regarding Affordable Housing in Southern California.
The event will be held at the JW Marriott LA Live in Los Angeles, CA on July 18, 2018.
Align at Connect Apartments
Align has been invited to moderate the “What’s Driving the Affordable Housing Space?” panel.
The event will be held at the Hotel Indigo in Los Angeles, CA on June 26, 2018.