Mark Fogarty • 6 min read
John B. Cruz III is a raconteur. You’ll learn a lot from listening for an hour to this dignified, elderly developer, head of the Cruz Companies in Boston.
Mark Fogarty • 7 min read
It would be nice if affordable multifamily housing could be financed all in one shot, but it never is.
Mark Fogarty • 7 min read
The Department of Housing and Urban Development’s (HUD) Rental Assistance Demonstration (RAD) program was a big idea: to raise money to rehabilitate crumbling old public housing properties by raising private equity and converting the buildings into project-based Section 8 developments.
Mark Fogarty • 6 min read
“Failure to launch” is a term sometimes used to describe young people who haven’t yet found their place in adult life.
Mark Fogarty • 6 min read
The sound environment around a housing project can be a great addition to the amenities of a property – or an albatross around its neck.
Mark Fogarty • 5 min read
Belongó. It’s an evocative term, containing not only the English word “belong” but a Cuban one meaning to cast a spell.
Mark Fogarty • 5 min read
Faith-based affordable housing development is on the rise, and a good example of it can be found in Tacoma, WA where Shiloh Baptist Church is turning two parcels of land it owns into 60 units of housing for vulnerable populations.
Mark Fogarty • 6 min read
Since the Briscoe School in Beverly, MA was a functioning educational facility as recently as 2018, it is likely that at least some of the seniors soon to be living in its adaptive reuse as housing will have memories of learning the Three Rs there (reading, wRiting and aRithmetic).
Mark Fogarty • 6 min read
For those in affordable housing considering their legacies, there is the example of Philip Freelon to consider.
Mark Fogarty • 7 min read
Charles Dickens’ character Scrooge defined British attitudes towards housing the poor in the 19th century with a dismissive “Are there no prisons? Are there no workhouses?”
Mark Fogarty • 6 min read
There’s a brave new world of opportunities for “green” multifamily affordable housing renovation and development coming with the ever-quickening ascendancy of green buildings.
Mark Fogarty • 5 min read
Sustainability has become a key concept for affordable housing, charging to the forefront of the industry in recent years, and it’s not just because climate change is mandating the most efficient energy usage at projects.