I think the biggest issue was that the LaPorte Group got in a bit over their head on the project. I realize they have done many projects, but the majority of them have been rehab projects.
I had initially put in on the RFP (partnering with a developer from Cleveland) and was one of the three finalists selected, if full disclosure however there were only three submissions.

I realized that with the experienced partner over 1,700 miles away that it would be much to big of a project to enter the proposal phase, for my first project, and I reluctantly bowed out. I still like the concept of the project and I am confident it will get back on track really soon.
The 20% affordable threshold one key that I like about how they are trying to revive the project. It's no surprise to anyone because I continue to preach it, but I think the best affordable housing is mixed in with market rate, even if that percentage is up to 50% affordable, as long as there are affordable benchmarks, a percentage that fall within the 80%, 60%, 40% and even less of the AMI.