Christian Robin • 7 min read
Last June, attorney Wade Norris reported in these pages on the increasing demand for tax-exempt, multifamily bonds throughout the United States and noting that several states were burning through volume cap.
Darryl Hicks • 9 min read
James Rubin has one of the most interesting public sector jobs in the country. Since May 2015, Rubin has served as Commissioner of New York State Homes and Community Renewal, the top leadership position for the state’s many housing and community development agencies.
John W. Gahan III • 10 min read
Larry Lawyer was exhausted. He had spent all day at Insatiable Investor’s annual conference in Jackson Hole. The conference was abuzz with speculation on the newly elected president. Would there be corporate tax reform and would that kill the tax credit investment market? Yields for investors were already at historic lows.
Douglas P. Koch • 9 min read
As the organizational structure of the affordable housing and community development finance industry matures, financial intermediaries, investors and developers are fashioning new resources and methods for accomplishing their goals. With an aging Low-Income Housing Tax Credit (LIHTC) and HUD property inventory, a wide variety of property acquisition, property recycling and organizational capitalization and revitalization needs materialized.
Bendix Anderson • 6 min read
Some years in high school feel so long, you feel like you live there. Now Jim Whitten does. More than 50 years after he graduated, Whitten returned to old Cony High School building in Augusta, Maine, this time as his new home. Cony High has become an affordable senior housing community.
Thom Amdur • 3 min read
Despite the extended and rancorous election season we just endured, as I look back over the past 12 months I think our industry had a pretty good year. By and large, owners and developers benefited from historically low interest rates and high tax credit equity pricing. Sellers benefited from low cap-rates, and there continues to be a strong demand for rental properties in most markets.
Mark Olshaker • 10 min read
“Technology Overtakes Tobacco in Winston- Salem, N.C.,” read the headline of an article by Keith Schneider in The New York Times of April 28, 2015, describing the mid-size Carolina city’s new, and still developing, Wake Forest Innovation Quarter.
Darryl Hicks • 10 min read
Few people are better qualified to oversee the New Markets Tax Credit (NMTC) program than the current director of the Community Development Financial Institutions Fund (CDFI Fund), Annie Donovan.
Ira Weinstein • 4 min read
Market liquidity exists when the environment is ripe for assets to be bought and sold at stable prices.
Mark Olshaker • 11 min read
The New Markets Tax Credit Program – NMTC – created as part of the Community Renewal Tax Relief Act of 2000, aimed to partner business and government as a means to revitalize disadvantaged and economically neglected communities and increase job availability and wealth for their residents.
Bendix Anderson • 6 min read
After decades of broken promises, Essex Crossing is an attempt to make up for 40 years of lost time by providing a new home to some residents displaced by urban renewal.
Bendix Anderson • 6 min read
Since the Children’s Campus of Kansas City, Kansas, opened in June 2010, it has become a national model for combining early childhood education programs with research, along with health, counseling and professional services for families.