Caitlin Jones • 1 min read
Tax Credit Advisor, November 2011:While looking to have a good overall year in terms of raising equity, many low-income housing tax credit syndicators are seeing considerable “pushback” from insurance company investors against the lower yields being offered on new multi-investor funds, suggesting that tax credit yields may have hit or are approaching bottom.
Caitlin Jones • 1 min read
Tax Credit Advisor, October 2011: Little Big Horn College (LBHC), the higher education institution of the Crow (Apsáalooke) Tribe of Indians located in Crow Agency, Mt., will soon complete construction on its new 35,000-square-foot Health and Wellness Center, which is being funded in part by federal new markets tax credits.
Caitlin Jones • 1 min read
Tax Credit Advisor, October 2011: The financial and operating performance of existing low-income housing tax credit (LIHTC) properties has improved considerably in recent years while the incidence of under-performing projects has decreased, according to a new report from Reznick Group, a national accounting, tax, and business advisory firm.
Caitlin Jones • 1 min read
By Ginger McGuire, Lancaster Pollard
Budget and legislative proposals in Washington are raising questions about the future of federal financial support for rural affordable rental housing projects and how these much-needed developments will be funded in coming years.
Caitlin Jones • 1 min read
Tax Credit Advisor, October 2011:
By Robert Lefenfeld, Real Property Research Group, Inc.
Advocates and policymakers have always struggled to address affordable housing needs with limited resources.
Caitlin Jones • 1 min read
TaxCredit Advisor, October 2011:
By Jacob Wahlenmaier and Joseph Mandeville, RED CAPITAL GROUP, LLC
Developers of low-income housing tax credit properties may want to give the Dallas/Fort Worth (D/FW) metropolitan area a closer look.
Caitlin Jones • 1 min read
Tax Credit Advisor, October 2011: For seniors with a passion for fire trucks, Lincoln Towers in Wilmington, Del. is the perfect place to live.
Caitlin Jones • 1 min read
Tax Credit Advisor, October 2011: More than 200 national, state, and local organizations, including the National Housing & Rehabilitation Association, have signed a new letter urging Congress to preserve the low-income housing tax credit program and endorsing two legislative proposals to improve it.
Caitlin Jones • 1 min read
Tax Credit Advisor, October 2011: Though it’s said you never hear the bullet that kills you, the whistling sounds overhead really worry me, because I’ve heard them before, a quarter-century ago.
Caitlin Jones • 2 min read
Tax Credit Advisor, October 2011:
By Anthony G. Brown, Lieutenant Governor, State of Maryland
With increasingly scarce resources, looming budget cuts, and growing demand, the task of preserving affordable rental housing continues to be a complex challenge, but critical to meet our country’s needs. For every new affordable apartment created, two are lost due to deterioration, abandonment or conversion to more expensive housing.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: One conceptual proposal by the Rental Policy Working Group recommends a set of uniform national standards for market studies for affordable rental housing projects, largely based upon those developed by the National Council of Affordable Housing Market Analysts (NCAHMA), a Council of the National Housing & Rehabilitation Association.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: The federal low-income housing tax credit (LIHTC) program, 25 years old now, has created over 2.4 million affordable apartment units nationwide in communities small to large.