State Tax Credit Roundup: The Upper Midwest
Exploring State-Level Subsidies in Illinois, Wisconsin and Minnesota
Lyla Maisto • 10 min read
The Upper Midwestern strongholds of Illinois, Wisconsin and Minnesota each offer their own valuable approach to state-level affordable housing subsidy.
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Case Study
An Innovative Structure in Colorado May Provide Model for Workforce Housing Nationwide
Mark Fogarty • 8 min read
Innovative approaches to multifamily construction are behind the Galena Apartments, which will provide 54 units of workforce housing to Colorado’s idyllic lakeside mountain town of Frisco.
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.
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Navigating the Government Shutdown: “Just Keep Going”
Pamela Martineau • 7 min read
As the 2025 government shutdown drags on, top Federal Housing Administration lenders provide advice for the navigating the turbid waters.
Housing Trust Funds: Making the Most of a Valuable Resource
Michael Murney • 8 min read
In recent years, Housing Trust Funds have become an essential gap financing resource at the local, state and national level. For maximum viability, experts advocate for reliable funding streams.
Green Building’s Enduring Appeal
Pamela Martineau • 7 min read
Experts say that green building practices still make operational sense, with solid local incentives and strong returns on investment despite a dismantling of many federal programs.
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 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.
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.
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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.







