Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: It doesn’t happen often. But sometimes you develop a housing project that makes an entire community whole again – totally healthy.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: Web-based and installed software products make it easier to manage all aspects of affordable housing properties, as well as for tasks required under the new markets tax credit program.
Caitlin Jones • 2 min read
Tax Credit Advisor, September 2011: The Obama Administration’s Rental Policy Working Group has released 11 papers proposing ways to better align federal policies, regulations, and procedures governing the development, financing, operation, and compliance monitoring of affordable rental housing properties.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: A housing authority in Western Illinois is developing a mixed-use new markets tax credit (NMTC) project in a pioneering transaction that could serve as a model for others.
Caitlin Jones • 2 min read
p>Tax Credit Advisor, September 2011:
Imagine that we are all drunks, circling our own street lamps. That will tell you the state of energy performance data and energy conservation decision-making today.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: While the early August downgrades by Standard & Poor’s of the U.S. and GSEs has created some uncertainties about possible impacts that may yet play out, debt financing for affordable multifamily rental housing is still readily available on attractive rates and terms.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: Pricing seems to have stabilized above one dollar per dollar of tax credit for federal historic rehabilitation tax credits, and has risen for federal new markets tax credits, according to industry sources.
Caitlin Jones • 1 min read
Tax Credit Advisor, September 2011: The types of non-compliance that experts are seeing in low-income housing tax credit (LIHTC) properties these days really haven’t changed much.
Caitlin Jones • 1 min read
Tax Credit Advisor, August 2011: For Portland, Me.-based developer Laura Burns, President and CEO of The Eagle Point Companies, controlling operating costs is critical to her firm’s successful management of its affordable apartment properties.
Caitlin Jones • 1 min read
Tax Credit Advisor, August 2011: Resyndications of existing low-income housing tax credit (LIHTC) projects with new tax credits are still occurring, but the pattern is different from a few years back and there are some challenges today, according to executive Stephen Roger of New York-based syndicator Centerline Capital Group.
Caitlin Jones • 1 min read
Tax Credit Advisor, August 2011: Partnering with another sponsor to develop an affordable rental housing project can be advantageous to a for-profit or nonprofit developer. So, too, can joint venture arrangements by for-profit developers with public housing authorities.
Caitlin Jones • 1 min read
Tax Credit Advisor, August 2011: As a result of the recent downturn in the low-income housing tax credit market, we and other affordable housing professionals are operating in a new environment: one that focuses foremost on the fundamentals while dealing with operational challenges.