Tax Credit Advisor Article Archives

So powerful is the fear of the devil we don’t know that though everyone who works in affordable housing will admit privately that, as currently regulated, the Community Reinvestment Act (CRA) is broken in a policy sense, few will voice this publicly.

There is a shortage of good urbanism in America. There are only eight, “legacy cities,” where dense, transit-oriented neighborhoods spread contiguously over many square miles.

State housing finance agencies are still feeling their way into the new Income Averaging (IA) authority, with no clear consensus yet on standard practices for how it will be implemented.

In 2007, Laura Burns created an investment fund, Eagle Point Ventures, that acquired General Partnership (GP) interests in tax credit-financed projects and yielded strong returns for its investors.

These comments were offered by Steven E. Lawson, chairman of The Lawson Companies, on behalf of the National Association of Home Builders at a September 6 hearing of the Housing and Insurance Subcommittee of the House of Representatives Financial Services Committee.

As you have read in these pages, the Tax Cuts and Jobs Act of 2017 enacted a new incentive for community development, the Opportunity Zone Program found in Internal Revenue Code Sections 1400Z-1 and -2.

How do good ideas go from theory into political reality? This has become a pressing question for America’s YIMBY movement.

According to a recent report published by the Council of Community Finance Agencies (CDFA), 2017 was a record setting year for multifamily private activity bond issuances – $15,302,500,000 in total.

Much like America’s East Coast, the West Coast is struggling from a housing affordability problem – meaning Washington, Oregon and California.

The last couple years of watching Washington has taught us that everything is fair game for subjective (call that “partisan”) interpretation.

Brian Goeken is widely regarded as one of the nation’s top historic preservation experts with a background spanning over 25 years in urban planning, architecture, economic development and urban design.

Financing complex community development projects can take a lot of time and a whole lot of funding sources.