Abram Mamet • 8 min read
The Michaels Organization has a history of identifying problems and forging ahead with bold solutions.
Pamela Martineau • 6 min read
Office vacancies throughout the nation have reached a 30-year high and the country is amid an affordable housing crisis. These dual inflection points have increased housing advocates’ focus on conversions of commercial real estate into housing and encouraged federal and local governments to assist in the transformations.
Ravi Malhotra • 2 min read
Government agencies are still racing to get their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds out the door, and they remain open to input from various stakeholders to help guide this process.
Patrick Bowen • 4 min read
Given the housing challenges facing much of the nation, there are many communities, regions and even states around the country that are having Housing Needs Assessments (HNA) completed.
Nushin Huq • 9 min read
A new land banking program in Colorado aims to help developers purchase land for affordable housing, solving the unique problem of not having tax credits to purchase land, as well as creating access to development in rural areas.
Pamela Martineau • 8 min read
Minnesotans hoping to bolster the state’s affordable housing stock may donate to affordable housing projects, requesting to have their donation allocated to a specific project or a general affordable housing fund and receive a tax credit of 85 percent of their donation through a new state program.
Darryl Hicks • 8 min read
For much of the past 14 years, Will Eckstein has led the team responsible for securing new affordable housing development opportunities at Greystone Affordable Development,. Tax Credit Advisor sat down with Eckstein to learn more about HHAD and his priorities for the balance of 2024.
Ravi Malhotra • 3 min read
Government programs typically do not consider or emphasize strategic and meaningful leveraging and collaboration with other programs, much less provide valuable guidance to do so.
Abram Mamet • 9 min read
As challenges continue to buffet the low-income housing market, an increasing number of states are implementing their own versions of a Low Income Housing Tax Credit (LIHTC). According to a recent Novogradac report, 17 states have added completely new state tax credit programs since 2013, resulting in a total of 29 states and Washington, DC having unique LIHTC incentives.
David Godschalk • 5 min read
The prospects are changing for combining solar energy production and affordable housing.
Pamela Martineau • 8 min read
Launched through federal legislation in 2012, the Rental Assistance Demonstration (RAD) program, administered by the U.S. Department of Housing and Urban Development (HUD), has leveraged over $19.3 billion in construction investment to improve or construct over 174,000 public housing units and 53,000 Section 8, tax credit and market-rate apartments co-located in these public housing communities.
Nushin Huq • 7 min read
Two proposed changes in tax legislation pending in Congress could increase the number of new and preserved affordable rental homes coming to market in the next ten years by over 200,000, according to consulting and accounting firm Novogradac.