| Jun 27, 2011 2:50PM While they aren't a new concept, the second issue of the HUD publication Evidence Matters highlights the growing importance of multibank efforts in financing affordable housing developments. This "consortia" of private banks share the risk, reduce the cost of lending, and pool together their expertise to meet affordable housing needs in their respective communities. "Consortia" came about as a result of the federal Low Income Housing Tax Credit (LIHTC ) program in 1986. Private commercial banks,... Jun 27, 2011 8:48AM The week begins at a brisk pace with Personal Income and Spending right off the bat at 8:30AM on Monday morning. Soon after that we'll be preparing for the week's Treasury auction cycle, starting early this time with $35bn 2s at 1pm. 5's and 7's arrive in a similarly early fashion on Tuesday and Wednesday. Adding a few layers of complexity to that situation will be a diverse line-up of Fed Speakers not to mention the ongoing potential for tapebomb news headlines. "Greece remains the focal...
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