Articles Archives

Breaking Ground

Will Eckstein, Senior Vice President, Harmony Housing Affordable Development

8 min read

For much of the past 14 years, Will Eckstein has led the team responsible for securing new affordable housing development opportunities at Greystone Affordable Development,. Tax Credit Advisor sat down with Eckstein to learn more about HHAD and his priorities for the balance of 2024. 

Tapping Grants, Loans and Incentives to Cut Project Costs

Ensuring the Affordable Housing Market Benefits From Federal and Local Government Resources

3 min read

Government programs typically do not consider or emphasize strategic and meaningful leveraging and collaboration with other programs, much less provide valuable guidance to do so.

Innovative LIHTC Programs Become a Powerful New Tool  

State Tax Credits Work in Harmony with Developer’s Capital Stack

9 min read

As challenges continue to buffet the low-income housing market, an increasing number of states are implementing their own versions of a Low Income Housing Tax Credit (LIHTC). According to a recent Novogradac report, 17 states have added completely new state tax credit programs since 2013, resulting in a total of 29 states and Washington, DC having unique LIHTC incentives.

Community Solar and Affordable Multifamily

An Introduction

5 min read

The prospects are changing for combining solar energy production and affordable housing.

Leveraging Private Capital to Rehabilitate HUD Legacy and Public Housing Properties

HUD’s RAD Program

8 min read

Launched through federal legislation in 2012, the Rental Assistance Demonstration (RAD) program, administered by the U.S. Department of Housing and Urban Development (HUD), has leveraged over $19.3 billion in construction investment to improve or construct over 174,000 public housing units and 53,000 Section 8, tax credit and market-rate apartments co-located in these public housing communities.

Proposed Changes Would Help Meet Demand

Novogradac Estimates 200,000 New and Preserved Homes Over the Next Ten Years

7 min read

Two proposed changes in tax legislation pending in Congress could increase the number of new and preserved affordable rental homes coming to market in the next ten years by over 200,000, according to consulting and accounting firm Novogradac.

Three Years On

Faircloth-to-RAD Helps Secure the Future of Public Housing

10 min read

In 2021, new guidance was issued by the Department of Housing and Urban Development that allowed Public Housing Authorities (PHAs) much-enhanced structure for mixed financing methods to expand their overall supply of units.

Breaking Ground

Shaun Donovan, CEO and President, Enterprise Community Partners

11 min read

In a three-decade career, Shaun Donovan has had a profound impact on shaping the public policy debate over addressing America’s affordable housing crisis.

Creating Tailored Programs

Pulling Federal Investment Into Multifamily Housing

3 min read

Many federal and state agencies aiming to spend their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds for residential clients are finding out that it will not be easy.

Cooperation, Innovation and Thought

Developers Craft Creative Financing Deals to Meet Growing Need for Workforce Housing

8 min read

A lack of workforce housing is a growing element of the nation’s housing crisis and some developers who typically build affordable housing are creatively pulling together financing for housing projects for workers who make above area median income (AMI) but cannot afford market-rate rents.

Shaping A Multi-Billion Dollar Industry

A Spotlight on Enterprise Community Partners’ Resilient Mission and Holistic Methods

7 min read

By the time the Low Income Housing Tax Credit (LIHTC) was rolled out as part of the 1986 Tax Reform Act, The Enterprise Foundation was already in a position to become a mission-driven leader in the fledgling LIHTC industry.

The Mission Is Most Important

A Spotlight on National Equity Fund’s Mission-Driven Innovations

8 min read

In the nearly four decades since its creation, the Low Income Housing Tax Credit (LIHTC) has become a critical engine for creating affordable multifamily housing in the United States.

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