Bendix Anderson • 6 min read
Train bays, affordable housing, market rate apartments and a medical clinic squeeze into the Counting House Lofts, a new community in Lowell, Mass.
Mark Olshaker • 11 min read
“The Big Picture is I’ve always felt that those of us who operate in this area are doing something that is helping to implement Congressional intent to try to make affordable housing available to people, and to try to foster the rehabilitation of historic buildings. And even though the work can be very technical and you’re dealing with very complicated provisions, when you step back and look at that Big Picture, I’ve always taken a lot of satisfaction that what we’re doing is doing good. That’s important to me.”
Mark Olshaker • 6 min read
The homepage states, “The mission of the Department of Neighborhood Development is to make Boston the most livable city in the nation.” It then goes on to explain, “DND’s main functions are to set and implement the City’s housing policy, manage the City’s real estate portfolio, and strengthen Boston’s small businesses.”
Mark Olshaker • 2 min read
Each year since 2004, NH&RA has bestowed its Affordable Housing Vision Award to affordable housing and community
development leaders who have made valuable contributions to the field and demonstrated years of leadership, commitment and imagination. Recognizing that providing housing for those who cannot meet the market rates is an always complex and challenging endeavor, demanding both perseverance and foresight, NH&RA seeks to single out men and women in all aspects of the industry whose careers and achievements serve as examples and role models. Traditionally, one individual is chosen from the profit sector and one from the nonprofit sector.
Timothy Leonhard • 5 min read
Over the better part of the past decade, given the extraordinary demand and competition for multifamily investment, many existing affordable housing properties nearing the end of their initial 15-year compliance period have been sold to “conventional buyers” whose goal is to drive high returns rather than be long term owner/operators of affordable housing.
Thomas Amdur • 3 min read
I love history. I am the kind of guy that makes long detours to visit minor historic landmarks. You have probably cursed at me from your car because I slow down traffic to better read the historic markers on the side of country roads.
Darryl Hicks • 9 min read
Few people have achieved the level of success expanding access to affordable housing and homeownership opportunities in the mid-Atlantic region as Chickie Grayson, President and CEO of Enterprise Homes, Inc.
Joel Swerdlow • 7 min read
“New Markets Tax Credit legislation for South Carolina has been filed the past two years sponsored by a broadly bi-partisan group of legislators,” says Burnie Maybank, a former director of the state’s Department of Revenue and now in the Columbia, S.C. office of the Nexsen/Pruitt law firm
Joel Swerdlow • 7 min read
Throughout the U.S., people know new ideas and trends often come from California. But in one such case, some worry that the new ideas may drive developers and investors away from building affordable housing there.
Bendix Anderson • 6 min read
The clock started ticking in May 2014, when Preservation of Affordable Housing (POAH), an affordable housing developer with offices in Chicago, signed an agreement to buy Lafayette Terrace, an old, project- based Sec. 8 property on Chicago’s South Side.
Mark Olshaker • 10 min read
If we had to pick a single word that best characterizes the approach to senior living exemplified by Jewish Community Housing for the Elderly of Boston, Massachusetts, we would find that word right in the name: Community.
Marty Bell • 11 min read
Success and its resultant growth may make the ownership and staff of a company happier, but it does not make their jobs easier. Success in the housing industry, affordable or other, usually means more—more buildings, more units, more residents, more staff, more income, more expenses, more data, more time, more everything.