Articles Archives

Advocacy: The Michaels Development Approach

4 min read

Bob Greer, President of Michaels Development Company, often visits Members of Congress in their Washington or district offices to build relationships and advocate for the low-income housing tax credit generally and for specific actions that the industry is seeking.

Creating Housing from Jewels: Dominium Renovates Unique Historic Buildings into Apartments

6 min read

Minneapolis-based Dominium is as much a developer of historic preservation projects as it is of multifamily rental housing.

GAO Issues Report on 2008 LIHTC Changes

2 min read

The Government Accountability Office (GAO) recently issued a report that examines the implementation by state allocating agencies of 2008 legislative changes to the federal low-income housing tax credit (LIHTC) program and the impact of these changes.

Grass-Roots Survival Tactics: LIHTC Program Participants Give Tips for Effective Advocacy in the New Congress

7 min read

The stakes for tax credit advocates couldn’t be higher when the new 113th Congress convenes in January.

The Best in LIHTC Development: Tax Credit Coalition Presents 2012 Excellence Awards

1 min read

Tax Credit Advisor ““ July 2012 ““ The Affordable Housing Tax Credit Coalition recognized winners of the 18th Annual Charles L. Edson Tax Credit Excellence Awards at a June 21 ceremony in Washington, D.C.

Ye Olde Public Market: Mixed-Use Development Project in DC to Save a Piece of the Past

2 min read

Tax Credit Advisor ““ July 2012 ““ In the late 19th century in the District of Columbia, when local political giant Alexander “Boss” Shepherd pushed an array of public works projects to enhance the city’s image, Washingtonians had their choice of several public markets where they could shop vendor stalls for fresh foods and meat as well as socialize.

A Novel Tool: Cost Segregation Studies Can Produce Extra Benefits

1 min read

Tax Credit Advisor ““ July 2012 ““ Owners and developers of low-income housing tax credit projects (LIHTC) looking to generate larger tax deductions to offset current taxable income, negotiate investor yield issues, or resolve certain Year 15 LIHTC issues may wish to explore getting a cost segregation study for their property.

The New Wave: Affordable Housing Developers, Managers Leverage Technology to Improve Their Product, Residents’ Lives

2 min read

Tax Credit Advisor ““ July 2012 ““ At Sage Partners LLC, a Florida developer, different types of technology are enabling the company to better market and manage its three completed affordable housing developments and improve the quality of life for residents.

Minnesota State Historic Tax Credit Produces Significant Economic Benefits

1 min read

Tax Credit Advisor, January 2012: Roughly $9.20 in economic activity will be generated by projects for each dollar in Minnesota state historic rehabilitation tax credits claimed according to a new study.

IRS Memo Discusses Tax Questions About Massachusetts Credits

1 min read

Tax Credit Advisor, January 2012: Anew IRS Chief Counsel Advice Memo (201147024) provides answers to questions about various aspects of the federal tax treatment of five different Massachusetts state tax credits. These are the historic rehabilitation, low-income housing, brownfields, motion picture, and medical device tax credits.

Building Green: Energy and Water Efficiency Are More Important Than Ever in Affordable Housing Developments

1 min read

Tax Credit Advisor, January 2012: Staying current on green building and energy efficiency requirements and techniques, funding sources and incentives to pay for improvements, and steps for effective operation and maintenance are more essential than ever for the successful construction and rehabilitation of affordable multifamily rental housing projects.

Modern Justice: Former Federal Courthouse Is Renovated Into Workforce Apartments in Kansas City

1 min read

Tax Credit Advisor, January 2012: If you listen carefully, you just might hear the footsteps of Harry Truman walking the halls at The Alexander Company’s new mixed-used development in downtown Kansas City, Mo.

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