{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Spring Street Brief","title":"Episode 162: Fed Hikes to 4%, Raising AD&C Costs for Developers","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/4e3762cf\"></iframe>","width":"100%","height":180,"duration":197,"description":"The Federal Reserve unanimously raised the federal funds rate to a target range of 3.75%–4% at its September policy meeting, citing inflation running at 3.4% year-over-year and elevated geopolitical and trade uncertainty. For LIHTC developers, syndicators, and lenders, the move translates directly into higher acquisition, development, and construction (AD&C) loan costs — compressing deal feasibility at a moment when affordable housing pipelines are already under pressure. Key Takeaways: The federal funds rate is now at a target range of 3.75%–4%, following a unanimous FOMC vote at the...","thumbnail_url":"https://img.transistorcdn.com/eww4KoCb2-o7-dD11A42DpSkBhZjKNEkIb9mGj3dsyg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81YWNi/MGVlZjVhN2FjYzBk/NDY5YWEyOTA3MWMw/MWViZS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}