Abram Mamet • 5 min read
Over the past decade, few segments of the population have felt the squeeze of the country’s affordable housing crisis as acutely as middle-income households earning between 60 and 120 percent of the area median income. Earning too much to qualify for most government-subsidized housing programs but too little to afford the majority of new housing stock entering the market, these renters are finding themselves less and less able to secure high-quality housing within their means.
Abram Mamet • 4 min read
The IRS has announced an increase to the LIHTC per-capita multiplier, providing a modest boost to the LIHTC market for 2025.
Pamela Martineau • 5 min read
Seeking to remove barriers to creating and preserving affordable housing, the U.S. Department of Housing and Urban Development is currently weighing applications for $100 million in grant funding to communities throughout the nation for its second round of PRO Housing, Pathways to Removing Obstacles to Housing, grant program.
Pamela Martineau • 5 min read
As the United States struggles with a severe housing crisis, investing in affordable housing preservation offers stable, risk-adjusted returns that can produce positive social outcomes.
Pamela Martineau • 5 min read
As an increasing number of cities and states develop programs to subsidize housing for middle-income earners, policymakers must ensure that middle-income programs don’t take vital resources from low-income housing programs.
Pamela Martineau • 6 min read
Forget Siri. Colleen, Elise, Penny and Kelsey are the AI personas that property managers are using to manage tenants’ and housing applicants’ queries.
Pamela Martineau • 5 min read
The U.S. Department of the Treasury has introduced new guidance and rule changes intended to bolster the nation’s supply of housing, especially affordable housing.
Pamela Martineau • 7 min read
Section 8 property owners who refinanced their debt through the U.S. Department of Housing and Urban Development’s (HUD) Mark-to-Market program, mainly in the late 1990s through early 2000s, may qualify for budget-based rent adjustments under a new program launched this year by HUD.
Pamela Martineau • 6 min read
Office vacancies throughout the nation have reached a 30-year high and the country is amid an affordable housing crisis. These dual inflection points have increased housing advocates’ focus on conversions of commercial real estate into housing and encouraged federal and local governments to assist in the transformations.
Abram Mamet • 9 min read
As challenges continue to buffet the low-income housing market, an increasing number of states are implementing their own versions of a Low Income Housing Tax Credit (LIHTC). According to a recent Novogradac report, 17 states have added completely new state tax credit programs since 2013, resulting in a total of 29 states and Washington, DC having unique LIHTC incentives.
Pamela Martineau • 8 min read
Launched through federal legislation in 2012, the Rental Assistance Demonstration (RAD) program, administered by the U.S. Department of Housing and Urban Development (HUD), has leveraged over $19.3 billion in construction investment to improve or construct over 174,000 public housing units and 53,000 Section 8, tax credit and market-rate apartments co-located in these public housing communities.