Tax Credit Advisor Article Archives

It is highly unusual these days for an affordable housing development to be financed from one source of funds. But that is what has happened at Elevate Estates in Henderson, KY, which secured money from two arms of HUD’s HOME program. Developer Elevate WKY (who shares the same name as the development) was awarded $15 […]

While national media focus on headline issues related to national security and trade, administrative actions with significant impact on federally assisted programs often goes unnoticed. One such federal rule is the Equal Access Rule (EAR).

On May 21, with his flair for the bombshell, President Trump, in a post on Truth Social, stated his strong interest in privatizing Fannie Mae and Freddie Mac – and I flashed back to October 2008.

As tort reforms addressing property claims continue to develop nationwide, California developers and housing providers are championing the passage of Senate Bill 84.

As America’s homelessness crisis deepens, California has become a national model for successful Permanent Supportive Housing (PSH) projects. Drawing on both local and state support, these PSH projects provide critical pathways to safety for people at risk of homelessness or for those already living on the streets.

In January 2025, wildfires tore through Southern California, destroying over 16,000 structures and causing an estimated $45 billion in insured losses. Although the fires were the catastrophic, no multifamily affordable housing developments were destroyed.

Creative land development uses are always noteworthy. Consider Oak Gardens in Menlo Park, CA. This permanent supportive housing project for veterans has utilized the Congressionally authorized Enhanced Use Lease (EUL) program of the Department of Veterans Affairs (VA) to transform underused land on a VA property into a viable project.

In 2007, the Housing Authority of the City of Los Angeles (HACLA) began exploring the possibility of a major redevelopment that would reshape Jordan Downs, one of the city’s most troubled areas.

Uncertainty about federal cuts to housing programs is spreading through affordable housing markets nationwide as developers struggle to pencil out deals. LA is a salient case after the Housing Authority City of Los Angeles paused the processing of Section 8 applications, leaving developers with projects in the pipeline.

California’s vast and diverse landscape leads to significant housing demand. Housing production meets only about 15 percent of the needed 3.5 million units by 2030.

Governor Gavin Newsom of California unveiled his budget plan for 2025-26. This $322 billion budget included one critical component for the state’s many housing professionals: a proposed reorganization of the numerous housing programs administered by the executive into a new California Housing and Homelessness Agency.

After having chronicled how entities endure for better, for a long time, and for worse, we arrive, belatedly, at the nastiest question of them all: When an organization has gone past the tipping point and its consumption of resources exceeds the impact it delivers with those resources, what happens then?