Articles Archives

Senior Housing During COVID

11 min read

Three years ago, I published a book that I wrote with Dr. Michael Osterholm, the renowned epidemiologist at the University of Minnesota, entitled, Deadliest Enemy: Our War Against Killer Germs.

Legislation Amidst Chaos

6 min read

Coming into a presidential election year, we knew the outlook for advancing legislation was dismal. Then the Coronavirus stole lives and shuttered businesses across the nation. Then Ahmaud Arbery was murdered by vigilantes while jogging, Breonna Taylor was shot eight times by officers in the middle of the night in her own home, an officer choked George Floyd to death with his knee amidst cries of “I can’t breathe” while three other officers watched, and Rayshard Brooks was shot by police for falling asleep in his car. Legislatively, where do we go from here in the waning months of 2020?

Housing USA: Virtual Leasing Is Here to Stay

6 min read

The sudden rise of Coronavirus—and the subsequent four-month shutdown of society—sped up certain technology shifts. Digital communications like Zoom, Skype and Amazon were already bringing disruption to work, education, shopping, medical provision and more.

Affordable Rent & Assisted Living

5 min read

Affordable assisted living can be a triple winner if it is done right using Medicaid waivers, according to a developer that has an active portfolio of properties in Indiana.

A Return Visit to Evergreen Village

6 min read

It’s an idyllic scene out of a past when COVID-19 was not disrupting senior communities across the country: Seniors in lawn chairs and wheelchairs have gathered outside their assisted living facility on a sunny day, enjoying a performance by a singer with a guitar.

A COVID Conversation: Sharon Wilson Geno and Mark Olshaker

11 min read

As with every sector of society and level of business, the Covid-19 pandemic has had a profound impact on the affordable housing industry, with owners, managers and front-line workers having to figure out new procedures and ways to adapt.

Legal Matters: Year 15 Disputes Continue

6 min read

Litigation surrounding Year 15 exit issues continues to be on the rise and Low Income Housing Tax Credit (LIHTC) developers must take care to fully understand their rights.

The “Everything” Building

10 min read

“One thing about our company is that we don’t shy away from difficult projects,” says Thomas Brown, vice president of Trinity Financial, Inc. of New York. The proof of that assertion is 425 Grand Concourse, going up on the corner of East 144th Street in the Mott Haven neighborhood of the South Bronx. The 26-story high-rise, slated for mid-2022 occupancy, will comprise 277 units of permanently affordable housing for several distinct income tiers, on-site education and medical facilities, retail and cultural space and an adjacent pubic park with a new comfort station. So complex was the deal structure that it incorporates eight separate condominium structures within the 310,500-square foot building. It will also be one of the tallest passive houses ever constructed, projected to consume 30 percent of the energy of a typical building of similar size.

Talking Heads: Anthony Tarter, Executive Vice President and Director of Agency Workforce Housing & Social Impact for Bellwether Enterprise

10 min read

Bellwether Enterprise, a subsidiary of Enterprise Community Partners, is a major lender of affordable multifamily housing, amassing a $26 billion servicing portfolio. Over the past year, the company has made a major push into workforce housing including opening an office in Dallas devoted exclusively to this market and hiring Anthony Tarter to run it.

Resident Outreach

4 min read

While the Covid-19 pandemic has imposed unprecedented stresses and challenges on all levels and aspects of society, affordable housing owners and operators are quickly having to find new ways to manage their properties, interact with residents and meet their variety of special needs. The NRP Group of Cleveland, OH is one company that has come up with some innovative approaches, not only trying to keep residents safe and well, but also to bring some joy to their lives during this trying time.

OZones During COVID

3 min read

With regard to Opportunity Zone regulations in the midst of our nation-wide health emergency, specific language, intended to be instructive and, in my opinion, helpful, can leave lawyers in knots when the text is susceptible to being interpreted in more than one way.

Member Spotlight: Rose Companies Plan “Communities of Opportunity” on West Coast

5 min read

There is a “tremendous need” to preserve existing affordable housing in California, according to Jonathan F.P. Rose of the Jonathan Rose Companies.

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