Mark Shelburne • 7 min read
Making the numbers work for a Federal Low Income Housing Tax Credit (LIHTC) transaction can be challenging, or sometimes even impossible.
Mark Fogarty • 7 min read
The Green and Resilient Retrofit Program (GRRP), authorized by the Inflation Reduction Act (IRA), continues to ramp up now that the first transactions have closed.
Abram Mamet • 9 min read
In recent years, owners and developers of low-income housing have turned to the Historic Tax Credit program as another key source of funding for projects looking to preserve or create affordable apartments in historic buildings.
Ethan Finlan • 6 min read
Throughout the mid-20th century, transportation authorities constructed massive infrastructure projects through urban centers, particularly, but not exclusively, highways.
David A. Davenport • 7 min read
The Supreme Court recently heard arguments in City of Grants Pass, Oregon v. Johnson, in a rare instance of the Court grappling with the issue of homelessness.
Abram Mamet • 10 min read
On May 29 of this year, HUD published a proposed rule update to its decades-old HOME Investment Partnerships program, a federal block grant that provides funding to hundreds of state and local jurisdictions for a diverse array of low- and moderate-income homeownership and rental activities.
Mark Fogarty • 8 min read
The American Rescue Plan Act of 2021 (ARPA), the official name of the COVID stimulus bill, wasn’t associated with housing at the time.
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.
Abram Mamet • 8 min read
Earlier this year, federal officials announced that the Federal Housing Administration (FHA)’s Risk-Sharing Initiative would be extended indefinitely, strengthening a resource that has become increasingly vital in recent years for State Housing Finance Agencies (HFAs).
Joanne Shelton • 5 min read
A rent comparability study (RCS) is often required for affordable and mixed-income rental developments.
Nushin Huq • 6 min read
The development and preservation of affordable housing units often require funding from multiple sources. One potential funding source for affordable housing developments for the lowest-income households is the National Housing Trust Fund.
David A. Smith • 6 min read
Names can outlive their purpose and their original meaning. Though the Holy Roman Empire was neither holy, nor Roman, nor an empire, a cluster of mutually distrustful principalities with a largely symbolic head of state known as the Holy Roman Emperor maneuvered under that rubric for a thousand years after its 800 AD founding by Charlemagne before it was put to sleep by the 1815 Congress of Vienna. Such may yet be the fate of two venerable concepts, Fair Market Rent (FMR) and the Area Median Income (AMI).