The Economic Blender: Mixed-Income Housing Takes Many Forms

By Caitlin Jones
December 6, 2010 1 min read

Tax Credit Advisor — December 2010 ““ From a 320-unit market-rate condo/low-income apartment development planned in tony Santa Monica, California, to a 75-unit historic rehabilitation project outside Boston, mixed-income housing development is taking different forms these days. Local government desires and other factors are encouraging more mixed-income projects, which combine affordable and market-rate units — the former often using low-income housing tax credits. But this particular type of development poses challenges and requires special skills to successfully design, finance, and build. The Related Companies, based in New York City, and Related California, a subsidiary which operates out of Irvine, have developed numerous and varied mixed-income housing projects. “When people say mixed-income housing it can mean a lot of different things,” says Bill Witte, President of Related California and a former municipal housing official in San Francisco. Witte says there are several different “models” of mixed-income housing projects, and Related has developed all of these. They include: “80/20″ projects, which are financed by tax-exempt bonds: HOPE VI projects funded with federal grants; and projects developed under local inclusionary housing programs. Read More…

Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.