Bankruptcy Finance & Banking Zoning, Planning & Land Use

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Reinstatement of a LIHTC LURA following foreclosure

Note: This post is the final part of a continuing series on the Credit Report Blog on the subject of workouts and bankruptcies involving low-income housing tax credit (LIHTC) projects....more

Phoenix Project: Atlantic City Can Rise From The Ashes

Most of the news from the Atlantic City Boardwalk over the last couple of years has not been promising. Several of the massive casino resort properties there have closed and/or slipped into bankruptcy, and the resale or...more

Playing Zone(-ing) Defense

ZONE(-ING) DEFENSE --- With March Madness in full swing, now is a great time to review how local zoning ordinances can turn a mortgage servicer’s foreclosure layup into a blocked shot. Many U.S. states rely on a judicial...more

Bankruptcy Ruling may Affect CDDs

US Federal Court Bankruptcy judge K. Rodney May confirmed the reorganization plans of property developer Fiddler’s Creek LLC, which includes Fiddler’s Creek Community Development Districts 1 and 2 as creditors. But owners of...more

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