Date: February 12th, 2008

You don’t expect me to LOSE money, do you? Part 2: who, me?

12 February, 2008 (11:31) | Economics, LIHTC, Program administration, Theory, US News | No comments

[Continued from yesterday’s Part 1.]
 
Yesterday we saw that Cornerstone Apartments in Haltom City, TX, a mature and nearly post-mature LIHTC property rehabbed in 1994, is in deplorable condition, despite being owned by a partnership controlled by the esteemed Chancellor of Texas Tech University, Kent Hance. 
 

The maintenance staff is fully committed
 
[Editor’s note: each LIHTC property […]