Monthly Columns Archives

The National Council of State Housing Agencies (NCSHA) recently finalized updates to its Recommended Practices in Housing Credit Administration (RPs or Recommended Practices).

Across America, the anti-exclusionary zoning rebellion is in full swing, and like many localized revolutions, it takes revolutionary thinking – like rediscovering the asset class that built 19th-century urban America, which over the last 50 years has become a capital backwater: the family storefront dwelling.

Tony Bertoldi has devoted nearly three decades to the affordable housing business and currently serves as co-president at CREA, LLC, a national Low Income Housing Tax Credit syndicator, where he and his team manage all investment funds and investor relationships.

Many types of tax credits exist, but there are a few that stand out.

When it was founded in 2004, Greenline Ventures was one of the earliest adopters, and today remains one of the most frequent users, of New Markets Tax Credits to invest in small businesses in underserved communities throughout the country.

Of the brutal realities of American urban homelessness, there can be no doubt: the problem is out of control, the cities are its front lines, and they are desperate for any action.

In a financial environment that is challenging for getting deals to the closing table, all sorts of structures that might generate additional proceeds need to be considered.

The Inflation Reduction Act of 2022 (IRA) provides a broad range of new incentives to install solar energy equipment, many of which are available to Low Income Housing Tax Credit (LIHTC) projects and some that are uniquely available for affordable housing.

George Orwell said, “Every generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it.”

Sharon Wilson Géno, President, National Multifamily Housing Council

Property managers are often asked to wear many hats: owners’ representative, rent collector, social worker, maintenance coordinator, event planner and building/systems expert, just to name a few. It’s a complex, multi-faceted job that I have immense respect for, especially as they served on the front lines during the pandemic and continue to adapt to a dramatically shifting landscape.

The Housing Opportunity Through Modernization Act (HOTMA) introduces significant changes to many aspects of multifamily programs through amendments to certain sections of the United States Housing Act of 1937.