Prices Stabilize for Historic Tax Credits, Rise for New Markets Credits

By Caitlin Jones
September 27, 2011 1 min read

Prices Stabilize for Historic Tax Credits, Rise for New Markets Credits

By Caitlin Jones
September 27, 2011 0 min read

Tax Credit Advisor, September 2011: Pricing seems to have stabilized above one dollar per dollar of tax credit for federal historic rehabilitation tax credits, and has risen for federal new markets tax credits, according to industry sources.

“What we’re having to offer to be successful is a dollar to a $1.08 range for historic-only transactions,” says John Leith-Tetrault, president of the National Trust Community Investment Corporation (NTCIC), an arm of the National Trust for Historic Preservation that syndicates both historic and new markets tax credits. He noted an offer in the range of $1.05 is required to land an historic credit-only deal of reasonable size — more than $2 million in historic tax credits. Read More…

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Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

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.