Scott Beyer • 6 min read
Late in 2021, the Department of Housing and Urban Development (HUD), using different than normal data, changed the way it determined Fair Market Rents (FMRs).
Ravi Malhotra • 3 min read
The Bipartisan Infrastructure Law (BIL) provided $3.5 billion for the Weatherization Assistance Program (WAP); a ten-times increase that is to be spent in the next five years.
John W. Gahan III • 11 min read
The goal of a Low Income Housing Tax Credit partnership is not to negotiate and execute the world’s most perfect partnership agreement.
Nushin Huq • 9 min read
Market feasibility studies are not just a required step in federal and state financing programs, but an invaluable tool to ensure that affordable housing projects are marketable.
Scott Beyer • 5 min read
Increasing interest rates impact virtually all investments since they present higher borrowing costs, falling prices for existing bonds and possibly lower earnings for publicly traded companies.
Pamela Martineau • 8 min read
Over the past three years, a new financing product has paved the way for converting privately owned apartment complexes to 100 percent public, governmental ownership with no equity contribution.
Alex Zeltser, Esq. • 8 min read
In the current affordable housing development environment, multifamily projects that are not awarded competitive nine percent Low Income Housing Tax Credits are frequently exploring the four percent credit available for transactions in which, at least, 50 percent of the aggregate basis in the project is financed with proceeds of tax-exempt bonds or loans (“bonds”) issued by state and local housing agencies and certain municipalities using private activity bond volume cap (the “50 percent test”).
Scott Beyer • 6 min read
In order to build more affordable housing units, it’s crucial for firms in the industry to attract the next generation of developers, architects, project managers and other real estate professionals.
Pamela Martineau • 7 min read
Fannie Mae and Freddie Mac Multifamily are experiencing an uptick in purchase volumes as the debt capital market environment appears to be shifting in the latter half of 2022.
Pamela Martineau • 10 min read
Rising Interest Rates and Fears of Recession Force Developers and Lenders to Get Creative
Ravi Malhotra • 3 min read
The U.S. Department of Energy’s (DOE) Weatherization Assistance Program (WAP) helps low-income households access energy efficiency, renewable energy and health and safety upgrades for their homes.
Pamela Martineau • 6 min read
Techniques For Cutting Costs and Speeding Construction