In September, GAR Associates was one of the sponsors for the Upstate New York session of NYSAFAH (New York State Association for Affordable Housing). The session was well attended by developers, syndicators, investors and agency officials from throughout the state, and the discussions centered around topics such as:

• Utilization of TCAP funds
• Pricing and demand issues for tax credits

The current environment impacting tax credits and the affordable housing industry will certainly make for an interesting 2010 funding round. GAR Associates is looking forward to tackling numerous market studies like we have in the past and please contact M. Scott Allen at sallen@garappraisal.com for additional information on market analysis services.