Tax Credit Advisor Article Archives

Are you an affordable housing developer in search of a local building permit and feeling helpless as popup financial exactions materialize as fast as you vanquish the previous ones? Now there’s one weird trick you can use to get relief: say “sheetz.”

Out With the Old, In With the New

Tax-exempt bond finance can be brought to bear on one of the nation’s most pressing needs: the preservation of aging rural housing portfolios.

Earlier this year, federal officials announced that the Federal Housing Administration (FHA)’s Risk-Sharing Initiative would be extended indefinitely, strengthening a resource that has become increasingly vital in recent years for State Housing Finance Agencies (HFAs).

Developers can partner with Public Housing Authorities (PHA) issuing General Revenue bonds to achieve workforce housing solutions that are superior to using traditional real estate finance, according to Sam Adams, managing director of capital markets at KeyBanc Capital Markets (KBCM), which issues such bonds.

While the multifamily market is expected to grow in 2024, growth will be muted due to supply and demand forces, according to a report by the government-sponsored enterprise, Freddie Mac.

TCA sat down with Stephanie Wiggins to learn more about PGIM Real Estate and its loan programs and what distinguishes it from other lenders.

A rent comparability study (RCS) is often required for affordable and mixed-income rental developments.

The pandemic put a lot of stress on the retail sector, as health-conscious consumers turned to online shopping and started skipping trips to the local mall.

For nearly three decades, Joaquin Altoro has worked to understand and advance underserved communities, applying his banking and housing finance expertise to help drive economic opportunities at the local, state and national levels.

The development and preservation of affordable housing units often require funding from multiple sources. One potential funding source for affordable housing developments for the lowest-income households is the National Housing Trust Fund.

The Michaels Organization has a history of identifying problems and forging ahead with bold solutions.