Mark Fogarty • 6 min read
A recently published examination of how to beat the affordable housing squeeze presented by rising demand and falling production reveals how developers think they can maximize production through creative approaches to cutting costs.
Thom Amdur • 4 min read
As the economic crisis triggered by the Coronavirus extends into its fifth month, I am deeply concerned for the economic well-being of the nation’s low- and moderate-income renters.
Thom Amdur • 4 min read
After consuming bushels of news articles, social media posts and White House Coronavirus briefings over the past several months, I think we have all become amateur epidemiologists.
Darryl Hicks • 9 min read
Headquartered in Bethesda, MD, MidCity Financial Corporation was founded in 1965 by Eugene F. Ford, Sr., an engaged leader and community advocate with a visionary approach to delivering quality multifamily housing to support the diverse needs of local communities.
Mark Olshaker • 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.
Kaitlyn Snyder • 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?
Scott Beyer • 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.
Mark Fogarty • 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.
Mark Fogarty • 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.
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.
David A. Davenport • 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.
Mark Olshaker • 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.