Mark Fogarty Author Archives

An increasingly visible societal housing problem is young people who age out of foster care. These at-risk youths face housing insecurity or outright homelessness.

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.

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. 

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.

A big societal change in recent years has been that many grandparents are bringing up grandchildren. Now there are signs that affordable housing is starting to target these often low-income intergenerational or multigenerational families.

Player pianos always have had an aura of magic as beautiful music emerges from them seemingly without human assistance. Now, some industrial magic is set to transform an old player piano factory in the north end of Meriden into beautiful multifamily units.

Sometimes a building’s name is more than just a placeholder, revealing the passion and intention behind the project. That is certainly the case with The Beacon, which is intended to be a beacon to its East Harlem, NY neighborhood.

Historic tax credits can significantly help multifamily financing, particularly for projects involving the rehabilitation and preservation of historic buildings. The Ocean Center Apartments in Long Beach, CA, serves as an example.

The American Rescue Plan Act of 2021 (ARPA), the official name of the COVID stimulus bill, wasn’t associated with housing at the time.

The nearly 100-year-old and newly redeveloped 140 Clarendon St. in the Back Bay section of Boston has a lot going on under its roof.

Tax-exempt bond finance can be brought to bear on one of the nation’s most pressing needs: the preservation of aging rural housing portfolios.

Developers can partner with Public Housing Authorities (PHA) issuing General Revenue bonds to achieve workforce housing solutions that are superior to using traditional real estate finance, according to Sam Adams, managing director of capital markets at KeyBanc Capital Markets (KBCM), which issues such bonds.