Thom Amdur • 3 min read
This has been a remarkable few months in Washington. Our broken legislative process once again leaned us over the edge of the budget precipice.
Mark Fogarty • 6 min read
State tax credit allocators had a glass-half-empty message for housing market analysts at their recent affordable housing summit. But in describing their current robust allocation rounds, the glass seemed half full as well.
Mark Olshaker • 7 min read
“We’ve developed, owned and operated affordable housing since 1994,” says Michael Costa of Align Finance Partners. “Now, as it has become progressively more difficult to produce housing for families and seniors of lesser means, we have created a new debt product to help finance the preservation and development of desperately needed affordable housing.”
Darryl Hicks • 11 min read
When Shaun Donovan became Secretary of Housing and Urban Development in 2009 he was determined to find new ways to preserve at-risk public and assisted-housing developments. So he turned to Patrick Costigan, a 30-year veteran of affordable housing and community development and a senior vice president at The Community Builders, a Boston-based nonprofit developer and property owner, to help redirect the effort.
Mark Olshaker • 8 min read
“I really like RAD projects,” declares Holly Bray, senior director of originations for Love Funding in Washington, DC. “You’re in the weeds, helping housing authorities take their housing stocks and making them great. There are a lot of things to figure out and a lot of coordination. But the end result is truly rewarding.”
Scott Beyer • 8 min read
Overall, Memphis is pretty old-school. As a city filled with rural migrants and defined by decades of slow growth, it maintains a dated and Southern feel.
Scott Beyer • 6 min read
In just two decades, “housing first” has turned from an academic idea into formal policy, becoming the default national strategy for curbing homelessness.
Mark Olshaker • 8 min read
Our vision of the American household is inaccurate and out dated.
Thom Amdur • 5 min read
On March 13, the National Low-Income Housing Coalition released a new report, “The Gap: A Shortage of Affordable Rental Homes,” which finds that there is a shortage of 7.2 million affordable and available rental homes for extremely low income (ELI) households – a startling and sobering number.
Mark Fogarty • 7 min read
A hugely ambitious public-private partnership is starting to see some big preservation projects getting finished in Baltimore.
Darryl Hicks • 11 min read
Preservationists were jubilant when they learned that the Federal Historic Tax Credit (HTC) would be saved from the chopping block in the final version of the tax reform bill negotiated by Congress and signed into law by President Trump in December.
Mark Fogarty • 7 min read
Pension funds have long been the sleeping giants of housing. That’s because while they have a significant share in the sector, real estate is usually a fairly small part of their overall portfolios and so doesn’t loom very large on their radar screens.