Asset Management during Turbulent Times: The Benefits and Options for LIHTC Owners

By Caitlin Jones
October 20, 2010 1 min read

Tax Credit Advisor ““ October 2010 ““ The recession technically ended more than 11 months ago, but the recovery has been slow and uneven across regions and metropolitan areas. Through August, the U.S. economy has regained only 720,000 of the 8.4 million jobs lost during the recession. Many markets have seen no or minimal job growth. As a result, low-income housing tax credit rents in many markets have yet to rebound from their 2008-2009 declines and property managers are still struggling to adjust to the reality of eroded rent advantages. During these uncertain times, proactive asset management can make an enormous difference to the performance of LIHTC developments and is more important than ever for owners. In a detailed article, Allen Felix, of Boston-based Tax Credit Asset Management, outlines the reasons why developers and owners need to have a solid asset management program in place and the options that they have for getting there. Read More…

Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.