Articles Archives

Complexity Is the Norm Duncan Barrett Tackles Preservation Deals in Upstate New York

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Tax Credit Advisor, January 2012: For Upstate New York developer Duncan Barrett, Chief Operating Officer of Omni Housing Development LLC, tough housing deals are almost the norm.

Energy Audits The Steps and Content

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Tax Credit Advisor, January 2012: An energy audit, an assessment of the energy needs and efficiency of a building or group of buildings, can be informative for an affordable multifamily rental housing development as well as provide a roadmap for the most cost-effective improvements to make.

Product for the Times Multifamily ARM Loans Increase in Popularity

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Tax Credit Advisor, January 2012: Fannie Mae and Freddie Mac adjustable-rate mortgages have become increasingly popular with affordable rental housing developers and owners, according to lenders and others.

Reseeding the Neighborhood: New Affordable Apartments Rise from Demolished Retail Site in Hoosier State

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Tax Credit Advisor, December 2011: In much of America, vacant or underutilized retail shopping centers are dragging down surrounding neighborhoods.

CDFI Fund Expects to Announce New Markets Allocation Awards This Winter, Proceed With 2012 Funding Round

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Tax Credit Advisor, December 2011: The Community Development Financial Institutions (CDFI) Fund expects to announce its ninth round awards of new markets tax credit allocation authority in “late winter” of 2012, and proceed with a tenth round next year even if the program hasn’t yet been reauthorized, according to CDFI Fund Director Donna Gambrell.

Raison d’être: The New Markets Tax Credit and Commonwealth Dairy

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Tax Credit Advisor, December 2011: Commonwealth Dairy, a start-up operation in Brattleboro, Vt., is just the kind of business that the federal new markets tax credit was designed to spur, in just the location the program was meant to boost.

Dealing With Casualty Losses in the Low-Income Housing Tax Credit Program

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Tax Credit Advisor, December 2011:

This year the Internal Revenue Services has issued a number of notices to permit existing low-income housing tax credit projects in certain states, with the approval of the staisasters and other events can destroy or significantly damage housing credit properties, putting them partly or entirely out of operation.

Justice Department Files Brief in IRS Appeal of Tax Court Decision in Historic Boardwalk Hall Case

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Tax Credit Advisor, December 2011: Abrief filed on behalf of the Internal Revenue Service in its appeal of an early 2011 U.S.

Potential Gold: Creating Historic Tax Credit Deals from Overlooked Buildings

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Tax Credit Advisor, November 2011: Is that old building on the corner a candidate for renovation using federal historic tax credits?

Off the Main Path: Developers Target Different Niches in Specialized Housing Projects

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Tax Credit Advisor, November 2011: Rental cottages for seniors. Apartments above a public library. Permanent supportive housing units for persons with disabilities. Artists lofts.

Niches filled and unfilled

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Tax Credit Advisor, November 2011: No matter how carefully you pack a box, there are always empty spaces between objects.

State Agencies Grapple With Uncertainty About Fixed 9% Credit

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Tax Credit Advisor, November 2011: State allocating agencies are taking diverse approaches to addressing the uncertainty about whether Congress will pass legislation extending the “fixed” 9% credit rate for new low-income housing tax credit projects.

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