Tax Credit Advisor Article Archives

Navigating rising construction costs is currently a primary concern of all NH&RA members—and fittingly the focus of this issue.

The housing development sector nationwide continues to struggle with supply chain disruptions and building material price increases.

As construction costs continue to increase, exacerbated due to COVID-related supply chain issues and inflation, manufactured housing is an increasingly attractive option for affordable housing developers.

For several decades, U.S. cities have been building extensive light rail and bus rapid transit networks. In recent years, such expansions have included intentional plans to promote development around lines, implementing a strategy known as transit-oriented development (TOD).

Forcibly caged in 1982, and virtually somnolent for the last two decades, inflation is back with such a vengeance that the Administration is using ever more grandiloquent circumlocutions to deny its existence.   

A collaboration between the City and Archdiocese of Detroit featuring an extensive consultation with area residents has resulted in the redevelopment of an old, vacant Catholic school building into 19 affordable housing units by Cinnaire Solutions and Ethos Development Partners. 

The emptying out of urban offices due to the pandemic has allowed many workers to relocate farther away from work, making housing in city suburbs even less affordable than usual. The town of Hudson, NH, a suburb of Boston, is one of them. 

For nearly 20 years, Caleb Roope, CEO and president of The Pacific Companies has used volumetric modular offsite construction for a portion of his company’s development projects.

This has been a fun issue of Tax Credit Advisor for me to work on. We’re helping National Housing & Rehabilitation Association (NH&RA) kick off its 50th anniversary celebration in 2022.

The use of technology in real estate has become so common as to have a moniker: PropTech. Short for “property technology,” it describes how everything from cloud storage to artificial intelligence to smart infrastructure can streamline development, construction, management and the realty of homes.

Sage at Folsom—a 55-and-older affordable development being built in Folsom near Sacramento—will hopefully be part of a new model of senior housing for USA Properties Fund.

It’s been a common story in America, particularly since the pandemic: home prices keep rising.