Articles Archives

Historic Tax Credits: Industry Trends for an Increasingly Important Subsidy 

TCA Profiles Four Novogradac Developers of Distinction 2024 Award Winners

9 min read

In recent years, owners and developers of low-income housing have turned to the Historic Tax Credit program as another key source of funding for projects looking to preserve or create affordable apartments in historic buildings.

What Makes A Winner A Winner? 

TCA Profiles Four Novogradac Developers of Distinction 2024 Award Winners

12 min read

Since 2010, the Novogradac Journal of Tax Credits has awarded several developers for distinguished work in a variety of impact areas related to affordable housing.

Property Managers Turn to AI to Enhance Tenants’ and Applicants’ Experience

6 min read

Forget Siri. Colleen, Elise, Penny and Kelsey are the AI personas that property managers are using to manage tenants’ and housing applicants’ queries.

Housing Affordability A Top Priority for Voters, Yet Political Candidates Rarely Mention It, Survey Finds

4 min read

Nearly 60 percent of surveyed voters cite the lowered cost of housing and rent as key factors that would improve their lives, yet say those same issues are at the near bottom—12th—of issues they hear politicians speak of.

Reconnecting Communities with Affordable Housing

How can affordable housing be integrated into improved neighborhoods as cities tear down or retrofit urban highways?

6 min read

Throughout the mid-20th century, transportation authorities constructed massive infrastructure projects through urban centers, particularly, but not exclusively, highways.

Solar for Multifamily

Federal Funds for Multifamily Solar Projects En Route

3 min read

The Inflation Reduction Act (IRA) is expected to fund approximately $1 trillion in tax credits for clean energy. A significant portion of the funding is for the solar investment tax credits (ITC)…

USDA Lending Changes Boost Multifamily Outlook in Rural America

Agency Boosts Loan-to-Cost Ratio of Key Lending Program to Make More Projects Pencil

5 min read

Since 1996, the United States Department of Agriculture (USDA) has provided loans for affordable multifamily housing in rural areas through its Rural Development Section 538 program.

Interest Rates: Experts Weigh in on When the Fed Might Move the Needle

7 min read

What does the future hold for interest rates? Many real estate developers, consumers and economists are weighing that question as mortgage interest rates hover at roughly seven percent, more than double what they were during the height of the pandemic.

HUD Revisits HOME Programs Administrative Rules with Proposed Update 

10 min read

On May 29 of this year, HUD published a proposed rule update to its decades-old HOME Investment Partnerships program, a federal block grant that provides funding to hundreds of state and local jurisdictions for a diverse array of low- and moderate-income homeownership and rental activities.

Controlling the Costs of Deals 

11 min read

Affordable housing developers use creative approaches to deal with the rising cost of things, like insurance, utilities, construction and operations. 

Treasury Department Introduces Triad of Moves to Bolster Affordable Housing  

5 min read

The U.S. Department of the Treasury has introduced new guidance and rule changes intended to bolster the nation’s supply of housing, especially affordable housing. 

Breaking Ground

Keli Savage, AVP, Head of Impact Investment Strategy, CVS Health

8 min read

Tax Credit Advisor sat down with Savage to learn more about CVS Health’s activities and plans for the future.  

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