Fighting Rising Taxes and Utility Costs: One Company’s Path to Savings

By Caitlin Jones
August 24, 2011 1 min read

Fighting Rising Taxes and Utility Costs: One Company’s Path to Savings

By Caitlin Jones
August 24, 2011 0 min read

Tax Credit Advisor, August 2011: For Portland, Me.-based developer Laura Burns, President and CEO of The Eagle Point Companies, controlling operating costs is critical to her firm’s successful management of its affordable apartment properties.

Given this, the company has been reaping positive results from winning property tax appeals and locking in utility rates for a number of its developments. It has also utilized federal dollars to help pay for energy efficiency improvements.

“We’ve tried to make sure that we’re focused on the expense side and where we can save dollars,” says Burns. “And some of the biggest expenses in operating our properties are taxes, utilities, and insurance.”

NH&RA Presenting Sponsor

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.