Abram Mamet • 9 min read
For mission-committed developers who have taken up the task of building subsidized affordable housing for seniors, HUD’s Section 202 program has continued to provide a vital financial boost to new senior housing projects.
Pamela Martineau • 5 min read
Housing advocates from Novogradac’s working group are hopeful that the Opportunity Zones (OZ) program will be extended and enhanced by incoming secretaries of the Treasury and the Department of Housing and Urban Development (HUD).
Pamela Martineau • 5 min read
In late 2024, The National Housing Crisis Task Force issued a broad swath of policy recommendations for the new administration to address the nation’s housing crisis, including calling for the federal government to “fundamentally restructure” its organization to address the problem and provide $100 billion to rehabilitate existing subsidized affordable housing stock.
Abram Mamet • 9 min read
By many accounts, 2024 was a challenging year within the affordable housing industry. Multi-year difficulties, such as inflationary pressure, supply chain disruptions and environmental burdens persisted, while fresh hurdles like rapidly rising insurance rates began to take hold.
Ethan Finlan • 4 min read
The New Markets Tax Credit (NMTC) program’s most obvious impact on affordable housing is through financing construction projects with at least 20 percent of revenue from commercial activity.
Pamela Martineau • 5 min read
MassHousing will launch a preferred equity product this month designed to move shovel-ready projects forward that have stalled economically.
Abram Mamet • 10 min read
In recent years, developers have turned to the centuries-old concept of ground leases as a powerful tool in the contemporary struggle to pencil deals and close increasingly wide funding gaps.
Pamela Martineau • 5 min read
A new crop of digital community engagement tools is giving developers an avenue to bring resident voices into the planning process without requiring attendance at long public meetings.
Jessica Hoefer • 5 min read
Sindy Spivac, the West Region Market executive for Bank of America’s Community Development Banking Division, spoke with Caleb Roope, president and CEO of The Pacific Companies about overseeing multiple interrelated companies in the areas of development, finance, architecture, construction and property ownership
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.
Ravi Malhotra • 5 min read
After the 2024 elections, many in the multifamily affordable housing sector worry that key Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) funds may be clawed back by the incoming administration. These funds provide tax credits, grants and other forms of incentives for green and clean energy deployment and have been crucial to closing the funding gap for multifamily affordable housing in recent years.
Pamela Martineau • 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.