Scott Beyer • 6 min read
New York City can be as rough, cost-wise, on developers as it is on average joes. For years, the city’s builders have complained that a mix of high property taxes, land values and regulatory costs makes it impossible to build workforce apartments.
Mark Olshaker • 6 min read
Austin, TX, the one enclave of the “Mine’s-Bigger-Than-Yours” Lone Star State proudly possessive of its description as “diversely weird” is taking decisive steps to maintain that distinct status against challenges brought on by its own success.
Mark Olshaker • 14 min read
Virtually any experienced social worker will acknowledge that housing is the critical nexus for all desired outcomes, including jobs, education, health, interpersonal relationships, child-raising and development, and basic happiness and wellbeing.
Scott Beyer • 6 min read
President Trump enjoyed a major victory this past December on tax reform. The Tax Cuts and Jobs Act (TCJA) ensures measures that have long been on the Republican agenda, by slashing corporate tax rates, reducing top personal income tax rates, and offering various deductions to middle-class families. It also reduces some deductions available to homebuyers.
Jerome A. Breed & Dawna Steelman • 9 min read
Public Law No: 115-97 enacted on December 22, 2017 and commonly known as the “Tax Cuts and Jobs Act” (TCJA) maintained Section 42 of the Internal Revenue Code of 1986 as amended (the “Code”) leaving private activity bonds for housing rendering Low Income Housing Tax Credits (LIHTC) untouched. But there were other changes throughout TCJA that impact the LIHTC industry and investing. Here are six we have identified:
Beth Mullen • 7 min read
In the weeks since the passage of HR 1, also known as Tax Cuts and Jobs Act (Act) on December 22, 2017, we have been assessing the potential impact of this law on the affordable housing industry.
Darryl Hicks • 14 min read
Volunteers of America, headquartered in Alexandria, VA, has dedicated itself to improving the lives of America’s most susceptible citizens: veterans, low-income seniors, children and families, the homeless, those with intellectual disabilities, those recovering from addiction and the formerly incarcerated.
Mark Fogarty • 8 min read
Property managers in the affordable housing sector aren’t there just to collect the rent and keep steam in the radiators. Usually they are quite concerned about their residents’ quality of life.
Scott Beyer • 6 min read
If the downtown area of a major U.S. city is growing, there is little chance that it’s also providing affordable housing for all income groups.
Mark Fogarty • 6 min read
Affordable housing in Missouri may take a big hit after the state Housing Development Commission voted against matching Federal Low Income Housing Tax Credits with State Housing Tax Credits as they have done in past years.
Thom Amdur • 4 min read
Many state housing finance agencies are beginning work to tweak or, in some cases completely overhaul, their QAPs over the next few months.
Mark Fogarty • 6 min read
Private activity bonds are a huge part of affordable multifamily housing and their elimination—now or in any year—would blow a hole through the market.