Tax Credit Advisor Article Archives

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.

A Honolulu bank building has been turned into affordable housing for very low-income residents with an adaptive reuse funded through Historic Tax Credits (HTC), Low Income Housing Tax Credits (LIHTC) and subsidies from city, county and state sources.

For an affordable multifamily housing project to qualify for the maximum allowable amount of four percent LIHTCs, at least 50 percent of the project’s aggregate basis (consisting of eligible basis plus land) must be financed with the proceeds of tax-exempt bonds issued pursuant to an allocation of private activity bond volume cap by a state housing authority or another municipal issuer (the 50 percent test).

Architects, developers and builders take justifiable pride in completing a successful affordable multifamily project. This is even more so the case at The Pryde, an LGBTQ-affirming development for seniors in the Hyde Park neighborhood of Boston.

The IRS has announced an increase to the LIHTC per-capita multiplier, providing a modest boost to the LIHTC market for 2025.

The $7 billion Solar for All program under the Greenhouse Gas Reduction Fund offers housing authorities and other owners of affordable housing portfolios a significant opportunity to reduce energy costs for residents, create local jobs and introduce the benefits of renewable energy and energy efficiency to disadvantaged communities.

If you own an income-producing property, you have an equity partner hiding in plain sight.  Despite never signing a document with you, your municipality owns somewhere between one-eighth and one-quarter of your property’s economics, a slice it can increase without your consent, and will own longer than you’ll own the property. 

In a study that provides key insights for housing leaders nationwide, researchers in Indiana recently released an in-depth study detailing the “silver tsunami” of senior Hoosiers in need of housing modified for age-related needs.

An increasingly visible societal housing problem is young people who age out of foster care. These at-risk youths face housing insecurity or outright homelessness.

Most National Council of Housing Market Analysts (NCHMA) annual meetings begin with a roundtable from developers, to help ground the conference in the ‘on the ground’ work that the market analysis industry exists to support.

In a study that provides key insights for housing leaders nationwide, researchers in Indiana Earlier this year, the Maryland Office of the Comptroller released its first State of the Economy report, highlighting issues and trends as the “Old Line State” continues to recover from the impacts of the COVID-19 pandemic.

Workforce housing projects have long been a priority of numerous housing financing agencies across America. One case study is unfolding in eastern South Carolina.