A New Day in Texas
Legislative Reforms Offer Hope for Revitalized Development in the Lone Star State
Michael Murney • 6 min read
Texas developers say a suite of new laws may stimulate affordable housing growth, rolling back decades of onerous zoning restrictions and reducing the power of NIMBY voices to block development.
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Case Study
A Robust Development Blooms in the Desert
In Albuquerque, YES Housing Provides Impact Beyond Affordability
Mark Fogarty • 6 min read
The 61-unit Calle Cuarta development in Albuquerque, NM plans to accomplish a whole lot more than affordable housing.
Case Study
A Tree Grows in Camden
State Match Enables Primary Care Facility at NJ Development
Mark Fogarty • 6 min read
A state matching loan has facilitated a full-service primary care health facility at Oliver Station, a recently completed development in Camden, NJ that serves low-income seniors.
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LIHTC Investors Gear Up for Expanded Credits
Pamela Martineau • 7 min read
As January 1 approaches, affordable housing investors are preparing for changes in the LIHTC program in anticipation for increased unit production.
A Record Setting Preservation Deal Closes in Oregon and New Mexico
Abram Mamet • 10 min read
Guardian Real Estate Services recently closed one of the largest preservation deals in affordable housing history, acquiring 3,050 units across 15 properties in both Oregon and New Mexico.
Colorado’s Middle Income Housing Tax Credit: An Innovative Solution to a Country-Wide Problem
Program Announced First Round of Funding Awards in July
Michael Murney • 8 min read
The first of its kind in the nation, Colorado’s Middle Income Housing Tax Credit program announced its first funding awards in July.
A New Fund Provides a Lifeline for Cash-Strapped Developers — And Enticing Incentives for Investors
Lyla Maisto • 5 min read
With the Affordable Housing Accelarator Fund, SolPacific seeks to energize the market and provide an innovative source of gap funding to projects.
Leveraging the Power of Partnership
As Housing Challenges Mount, Joint Ventures Offer Innovative Solutions
Pamela Martineau • 8 min read
Joint venture partnerships offer an opportunity for many different kinds of developers to tackle the housing crisis, together.
Inside Pennrose’s Centralization Effort, Where Creative Use of Data Has Led to Significant Organizational Efficiency
Michael Murney • 8 min read
Recent centralization efforts at Pennrose have led to significant gains in organizational efficiency.
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Monthly Columns
The Guru Is In
Reforming Federal Rental Assistance Before It’s Too Late
David A. Smith, Jennifer Lavorel & Gregory A. Byrne • 14 min read
Guru David Smith joins two colleagues to present a joint concept note for a structural approach to reforming federal rental assistance in ways that can steer the discussion of HUD reform in a more productive direction.
Legally Speaking
A Quick Guesstimate on the Proceeds Impact of Upcoming LIHTC Changes
R. Wade Norris • 7 min read
Bond expert R. Wade Norris explores the potential proceeds impacts that new LIHTC rules may have on both the debt side and the LIHTC pricing side.
Industry Insights
Progress isn’t Linear
Kaitlyn Snyder • 4 min read
House passage of the reconciliation bill with three Low Income Housing Tax Credit provisions included is a significant win. Yet the successful implementation of these measures hinges on adequate appropriations for HUD programs.