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.
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.