Marty Bell • 7 min read
Sometimes controversy can boost sales. A controversy that shows up repeatedly on your television and in your emails almost daily may irk you, but at the same time it pushes the issue front and center in all of our very crowded minds.
Mark Fogarty • 6 min read
An ambitious Detroit program to preserve 10,000 existing affordable multifamily units and build 2,000 new ones is moving quickly to prevent the potential 15-year opt-out of a large number of Low Income Housing Tax Credit projects and sustain affordability in the Motor City.
Thom Amdur • 4 min read
Historically, when policy makers and advocates discuss preservation, we are referring to the preservation of rental assistance contracts that are associated with older HUD and/or USDA Rural Development assisted properties (i.e. Section 8 Project-Based Rental Assistance, Section 515, etc.).
Mark Olshaker • 9 min read
USA Properties discovered that 25 percent of the residents in its senior communities moved out due to health issues. With two-thirds of its portfolio involving seniors, President and CEO Geoff Brown wondered what else he could do in the senior space.
John W. Gahan III • 9 min read
Gerry Golden, the venerable founder of The Golden Companies, dabbled with semi-retirement in 2018, having transitioned day-to-day operations of his affordable housing operation to his children, Gina and Greg, in 2017.
Darryl Hicks • 9 min read
For the past three years, Preservation of Affordable Housing, Inc. (POAH), a Boston-based, nonprofit affordable housing developer and property owner, has improved the lives of its tenants through a federal program called Family Self-Sufficiency (FSS).
Mark Olshaker • 5 min read
In late 2016, the Millennia Companies, a vertically integrated real estate development and management firm in Cleveland, OH, that owns and manages nearly 30,000 residential units spread across 27 states, entered into a contract to purchase a portfolio of Section 8 properties from the financially troubled Global Ministries Foundation (GMF) of Memphis, TN.
Mark Fogarty • 7 min read
There’s plenty of data to indicate Maryland’s Health Enterprise Zones (HEZ) have been successful in their goal of reducing health disparities for racial and ethnic minorities and reducing healthcare costs in the state.
Scott Beyer • 6 min read
New York City’s public housing, once a source of affordable housing industry pride, is in crisis.
Mark Fogarty • 7 min read
A new certification not only indicates that an affordable housing owner/manager has a coordinated and robust resident services operation but also that it can help them qualify for an up to 30 basis point discount on a multifamily affordable housing loan from Fannie Mae.
Scott Beyer • 6 min read
There is a small but growing worldwide movement to incorporate modern health best practices into building designs. Health problems, after all, continue to be manifold in developing and developed nations alike.
Thom Amdur • 4 min read
When I started my career in affordable housing, the term “preservation” generally was attributable to strategies and resources aimed at extending the affordability of HUD Assisted or USDA Rural Development properties.