Marty Bell • 7 min read
Aging in Place may now be a familiar term, but it remains a vague idea. Those familiar with the term would most likely define aging in place as remaining in your home for as long as you would like to as opposed to relocating to a care facility. This is a comforting notion. Rather than envisioning spending later life cooped up in a nearly bare room amidst ailing people with that medicinal smell in the air, you can anticipate maintaining your active lifestyle amongst friends and the smell of your garden. But is it a false promise?
Bendix Anderson • 7 min read
A new healthcare center opened last year on a remote island.
Joel Swerdlow • 7 min read
Enterprise Community Partners, long a national leader in affordable housing, is two years into its transformative Health and Housing Initiative, and is now exploring the next housing-health frontier.
Mark Olshaker • 7 min read
As the fields of health maintenance and affordable senior housing move ever closer together, a great deal of effort is being expended on both sides to figure out and shape the best and most cost-effective ways to support that trend.
Thom Amdur • 4 min read
The intersection of housing and healthcare is a fascinating topic that I keep coming back to in this column and in my work with NH&RA.
Darryl Hicks • 9 min read
When properties subsidized by Low-Income Housing Tax Credits approach the end of their mandatory 15-year compliance period, the General Partner (developer/owner) and the Limited Partner (tax credit investor) have some big decisions to make. Because the Limited Partner will almost certainly want to exit the deal after the 15th year, the General Partner needs to consider all options, including sale, buy out or recapitalization. Developing an exit strategy can be complicated and stressful if not planned well in advance, but that’s where CBRE Affordable Housing can help.
John W. Gahan III • 5 min read
As a developer, you know that the best time to think about what could happen with a particular LIHTC property at the end of the tax credit compliance period was when you negotiated the investment documents.
Thom Amdur • 12 min read
Multifamily affordable housing developers who work in California have a lot to keep track of right now. Governor Jerry Brown recently acknowledged the state’s housing crisis and laid out solutions to spur development. With 45 million residents and growing, America’s largest state’s four housing agencies are seeing rising demand for their programs and products and reacting with new regulations.
Timothy Leonhard • 6 min read
Since the advent of the Low Income Housing Tax Credit (“LIHTC”) via the enactment of the Tax Reform Act in 1986, over 2.6 million affordable rental units have been created by what many feel has been the most important piece of housing legislation ever passed.
Matthew Barcello • 8 min read
For the past 15 years, members of CohnReznick’s Tax Credit Investment Services group have worked on housing credit performance studies in various capacities, and in that period, we have witnessed the pool of properties surveyed balloon from 5,000 to more than 20,000. (The Low-Income Housing Tax Credit Program at Year 30: Recent Investment Performance 2013-2014)
Bendix Anderson • 7 min read
The people who oppose affordable housing projects often seem to speak an entirely different language from those who support the development of safe, new homes for those who cannot afford market rents. Housing advocates hope to start a more productive conversation.
Marty Bell • 13 min read
Success has its costs. As portfolios grow, so do expenses, staff and responsibilities. Assets bring great value but come with great demands.