Tax Credit Advisor Article Archives

Case Study

Focus of MA Building Changing from Youth to Seniors

6 min read

A building dedicated to helping boys in Worcester, MA, for decades, is undergoing an adaptive reuse that will turn it into affordable housing for seniors.

HUD PRO Housing Grants

Second Round of Funding Closes for Grants Removing Obstacles to Affordable Housing in Communities Throughout the Nation

5 min read

Seeking to remove barriers to creating and preserving affordable housing, the U.S. Department of Housing and Urban Development is currently weighing applications for $100 million in grant funding to communities throughout the nation for its second round of PRO Housing, Pathways to Removing Obstacles to Housing, grant program.

Enterprise’s Faith-Based Development Initiative Tackles Affordable Housing Through Intentional Engagement 

10 min read

In recent years, developers have begun to see the many churches, mosques, synagogues and other landholding faith organizations that dot the United States as ideal partners in the struggle to control the affordable housing crisis.

Bank of America Affordable Housing Challenge: Building Tomorrow’s Housing Leaders

7 min read

For 33 years, Bank of America has worked to develop the next generation of affordable housing leaders through its Affordable Housing Challenge, a competition in which students design an affordable housing project from concept through funding and developable plan.

Multifamily Construction Faces a Power Outage

Utilities and Inspectors Stretched Thin and Opaque Bureaucracy Causes Costly Delays for Tax Credit Projects

9 min read

Throughout the early 2020s, costly delays have hammered multifamily projects thanks to supply chain, labor force and interest rate challenges.

Preserving an Expired LIHTC 30 Percent Basis Boost

7 min read

Making the numbers work for a Federal Low Income Housing Tax Credit (LIHTC) transaction can be challenging, or sometimes even impossible.

icon The Guru Is In

Battalions of Sorrows: Part 3, The Only Thing Worse Than Evicting

5 min read

Three and a half years after it began with the best of intentions, state-level programs and laws intended to help residents avoid eviction have cost many of the country’s largest, best and most ethical affordable housing owners upwards of half a billion dollars – and the total keeps rising. 

Case Study

New Developer Puts Shovels in Ground in Indianapolis

6 min read

A 2023 Emerging Developer program at the Indiana Housing & Community Development Authority (IHCDA) has hit paydirt as a 36-unit supportive housing development fostered by IHCDA funds a first-time developer who has broken ground and looks to finish construction by the middle of next year.

Funding for Green Retrofits

Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans and Grants are Hitting the Ground

3 min read

The Inflation Reduction Act and Bipartisan Infrastructure Law are in their second and third years, respectively. $480 billion of BIL, and most of the approximate $390 billion of IRA clean energy funds have now been awarded from the Feds to states, municipalities and other entities. 

Case Study

Green and Resilient Retrofit Program Starting to Take Off

7 min read

The Green and Resilient Retrofit Program (GRRP), authorized by the Inflation Reduction Act (IRA), continues to ramp up now that the first transactions have closed. 

Affordable Housing Preservation Remains a Strong Social Impact Investment, Policy Paper Concludes

5 min read

As the United States struggles with a severe housing crisis, investing in affordable housing preservation offers stable, risk-adjusted returns that can produce positive social outcomes.

Leveraging NMTC and GGRF

A Synergistic Approach to Community Development

& 6 min read

Increasingly, climate solutions are central to preserving and creating wealth and well-being in communities across the country.

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