Scott Beyer • 6 min read
When it comes to housing, along with other industries, New Jersey is a spillover market – it receives many of the people priced out of New York City.
Mark Fogarty • 4 min read
Income averaging can be a considerable help in increasing the number of workforce housing units available to those who don’t qualify for subsidies and cannot afford market rates.
Scott Beyer • 6 min read
Big U.S. companies have a history of providing housing for their employees, especially when operating in housing-scarce markets. During the Gilded Age, giant corporations effectively doubled as city builders for their workers.
Thom Amdur • 4 min read
The lack of supply of affordable housing for individuals and families making less than 60 percent of area median income is a persistent problem that spans every county in the country.
David A. Davenport • 6 min read
The vast majority of relationships formed between real estate developers and tax credit investors in the Low Income Housing Tax Credit (LIHTC) industry are good, long-term relationships, generally guided by reasonableness and fairness, and also governed by complex partnership or operating agreements devised to achieve the parties’ intent concerning their expectations, intended rights, benefits and obligations.
Mark Olshaker • 9 min read
The interest, curiosity and enthusiasm surrounding Opportunity Zones has been dramatic since the program was announced as part of the Tax Cuts and Jobs Act of 2017, and forums bringing potential players together have proliferated around the country.
Darryl Hicks • 9 min read
In a career spanning more than 25 years, Stockton Williams has become a leading voice of the affordable housing movement in Washington, DC.
Mark Fogarty • 6 min read
There are some affordable housing projects that aren’t supposed to be bond deals, that are done far from the urban sweet spots the industry associates them with. But bonds can work in rural and “in between” areas, too, although the deals may become a little more hands-on.
Scott Beyer • 6 min read
The senior housing market is going in two directions right now. The number of seniors has increased and will continue to, with the demographic group projected to more than double from 46 million today to 98 million by 2060.
Mark Fogarty • 6 min read
When tax-exempt bonds fund an affordable housing project instead of nine percent Low Income Housing Tax Credits, state tax credits can be a real dealmaker.
Scott Beyer • 6 min read
There has long been an eyesore on the Near West Side of Chicago: the Old Cook County hospital building. The majestic facility, once known for serving Chicago’s downtrodden population, has been closed since 2002, creating blight in the area.
Mark Olshaker • 6 min read
“Lafayette, LA lies two hours west of New Orleans, but might as well be a world away,” according to the travel website, Travlinmad. The fourth largest city in the state is situated at the crossroads of U.S. Highways 10 and 49, and if you head east on US 10, in about 50 miles you’ll hit Baton Rouge, which forms the apex of a flat sort of triangle with Lafayette and New Orleans.