Tax Credit Advisor Article Archives

Finance is not subsidy, though they are easily confused in people’s minds. Affordable housing always needs subsidy in one form or another – so why the recent fascination with state and local housing bonds?

Innovation in deals using both Low Income Housing Tax Credits and tax-exempt bonds can be seen in a pair of Washington, DC affordable housing projects that tapped the two funding sources for more than $80 million using a new master parity indenture program.

November’s state and municipal elections brought a big crop of newly-approved bonds into the affordable housing finance mix, with some of them passing by wide margins, and the biggest, in California, authorizing a whopping $4 billion in new money.

Last summer, National Housing & Rehabilitation Association launched a new policy advocacy and educational initiative focused on increasing Multifamily Tax-Exempt Bond production across the country.

The bond market is looking shaky.

I bonded with Ballotpedia.

Hey, all you folks out there oozing over OZones: remember New Markets Tax Credits?

The IRS has recently published an eagerly anticipated, thoughtful and helpful Opportunity Zone Program (OZP) guidance.

Many states have affordable housing trust funds. But how—or even if—they use that money on housing can depend on the political whims of voters and lawmakers.

As a senior economic advisor to President Barack Obama, Steve Glickman sought out policymakers, economists, investors, business and community leaders and other experts and gathered ideas that could be used to help struggling communities recover from the Great Recession.

The traditional wisdom is that the New Markets Tax Credit (NMTC) and the Low Income Housing Tax Credit (LIHTC) operate in two separate arenas: housing for the LIHTC and business/commercial for the NMTC.

Brian McGeady and Michael Riechman share a dedication to affordable housing, a dedication that is reflected in the origin story of their new company, MVAH Partners.