Thom Amdur • 3 min read
April was a busy month for affordable housing in Washington, DC.
Mark Olshaker • 7 min read
We are still in the very early stages of Opportunity Zone deals, and with this new incentive for a variety of businesses in designated underserved communities, it appears as if one size isn’t going to fit all.
Darryl Hicks • 8 min read
As a member of the House Financial Services Committee and the New Democrat Coalition (NDC), Representative Denny Heck (D-WA) has become one of Congress’ most vocal supporters for solving America’s affordable housing crisis.
Edward Seiler • 7 min read
America is aging. So much so, that by 2035 one-third of U.S. households will be headed by someone 65 or older, and 16 million households by someone 80 or older.
Scott Beyer • 6 min read
In 2015, San Francisco approved the largest privatization of public housing in U.S. history. The city decided to convert all of its government-run complexes into ones that would be repaired and managed by private and nonprofit developers.
Kaitlyn Snyder • 9 min read
The newly expanded Rental Assistance Demonstration (RAD) Component 1 cap and the new RAD for PRAC conversion option under RAD Component 2 makes it a great time for developers who have previously not considered RAD deals to now do so.
Mark Olshaker • 6 min read
The Project Rental Assistance Contract, known as PRAC, was instituted in 1990 into HUD’s Section 202 Supportive Housing for the Elderly program to subsidize one of the most needy and vulnerable cohorts of the population: low-income seniors.
Scott Beyer • 6 min read
What level of government should dictate housing policy? In America, decisions have long come from the local level, thanks to our small-government tradition.
Mark Fogarty • 6 min read
There’s no question that the 40 buildings in the Betances Portfolio in the Bronx borough of New York City can benefit from substantial rehabilitation. After all, the earliest of these Betances multifamily properties was constructed in 1906.
Thom Amdur • 3 min read
If adopted, President Trump’s FY-2020 budget would make significant cuts to HUD’s budget—overall, a $9.6 billion decrease from FY-2019 appropriated levels—and would zero out many critical community development programs entirely.
Scott Beyer • 11 min read
America is a big place – I would know. For the past three years, I’ve seen about as much of it as anyone could. As Tax Credit Advisor readers are likely aware of by now, I just completed a three-year cross-country journalism tour, living for a month each in 30 cities.
Mark Olshaker • 8 min read
I was born and raised in Washington, DC, and though I’ve traveled around the United States and the world, personally and professionally, the Nation’s Capital has always been my home. The city has a static and somewhat clichéd image, based on our wealth of museums, monuments and other tourist attractions, as well as the less than attractive impressions emanating out of Capitol Hill and 1600 Pennsylvania Avenue.