National Housing Crisis Task Force Issues Broad Range of Policy Recommendations for New Administration
Pamela Martineau • 5 min read
The National Housing Crisis Task Force issued a broad swath of policy recommendations for the new administration to address the nation’s housing crisis, including calling for the federal government to “fundamentally restructure” its organization to address the problem and provide billions to rehabilitate existing subsidized affordable housing stock.
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Case Study
Dominium/Blackstone Build 500 Affordable Senior/Family Units in AZ
Mark Fogarty • 5 min read
Dominium, using $79 million of Low Income Housing Tax Credit equity raised through Blackstone, is developing more than 500 affordable family and senior housing units in Phoenix in two separate but neighboring projects.
Case Study
‘Public Land for Public Good’ Produces VA Affordable Housing
Mark Fogarty • 7 min read
Virginia residents who want to work for Fairfax County or make their views known on matters pending before the county government now may not have far to go, thanks to a Low Income Housing Tax Credit project being developed by Lincoln Avenue Communities on an underused parking lot at the county Government Center using an innovative “quadruplet” structure.
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Despite Structural Challenges, 202 Program Provides Lifeline to Senior Affordable Housing Industry
Abram Mamet • 9 min read
For mission-committed developers who have taken up the task of building subsidized affordable housing for seniors, HUD’s Section 202 program has continued to provide a vital financial boost to new senior housing projects.
Housing Advocates Look to Extend Opportunity Zones Program
Pamela Martineau • 5 min read
Housing advocates from Novogradac’s working group are hopeful that the Opportunity Zones (OZ) program will be extended and enhanced by incoming secretaries of the Treasury and the Department of Housing and Urban Development (HUD).
Breaking Ground
Matt Reilein, President and CEO, National Equity Fund
Abram Mamet • 9 min read
By many accounts, 2024 was a challenging year within the affordable housing industry. Multi-year difficulties, such as inflationary pressure, supply chain disruptions and environmental burdens persisted, while fresh hurdles like rapidly rising insurance rates began to take hold.
NMTC Bolsters Economic Growth in Missouri
The Tax Credit Program Creates Good Jobs at Window Manufacturing Plant in Rural Community
Ethan Finlan • 4 min read
The New Markets Tax Credit (NMTC) program’s most obvious impact on affordable housing is through financing construction projects with at least 20 percent of revenue from commercial activity.
MassHousing Launches Preferred Equity Product to Help Move “Stuck” Projects Forward
Pamela Martineau • 5 min read
MassHousing will launch a preferred equity product this month designed to move shovel-ready projects forward that have stalled economically.
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Monthly Columns
The Guru Is In
Platform, Pipeline, Portfolio and Players
David A. Smith • 6 min read
If you’ve chosen to read this essay, your work environment is governed by platform, pipeline, and portfolio and the health and evolution of this triad foretell your future as a player on that platform.
Legally Speaking
To File a BOI or Not File a BOI, That is the Question
David Leon, Jay Shuman & Jeff Perry • 10 min read
When the CTA went into effect on Jan. 1, 2024, both newly formed and previously established companies, large and small (but mainly small) were to provide certain information to FinCEN detailing: 1) “Beneficial Ownership” and 2) “Company Applicants.”
Industry Insights
2025: The Year of the Tax Bill
Kaitlyn Snyder • 5 min read
Dominating all policy headlines this year will be the tax bill as legislators seek to extend the expiring tax cuts from the Tax Cuts and Jobs Act (TCJA) before increases go into effect in 2026. Senate confirmations, congressional spending and addressing the debt limit are the other must-do items on the list, which will likely happen in the first half of the year.