Mark Fogarty • 7 min read
Workforce housing is on the minds of the elected officials of Montgomery County, MD even more than it normally is.
Mark Fogarty • 6 min read
Tax credit pricing has taken a hit, but not a mortal one, with the new 21 percent corporate tax rate, according to investors atttending a recent affordable housing summit held by market analysts.
Mark Fogarty • 6 min read
State tax credit allocators had a glass-half-empty message for housing market analysts at their recent affordable housing summit. But in describing their current robust allocation rounds, the glass seemed half full as well.
Mark Fogarty • 5 min read
What strategies can developers use for successful affordable housing preservation of tax credit properties that have hit the 15-year mark with negative equity?
Mark Fogarty • 7 min read
A hugely ambitious public-private partnership is starting to see some big preservation projects getting finished in Baltimore.
Mark Fogarty • 6 min read
New Markets Tax Credits (NMTCs) can make a big difference in bolstering rural development and preventing manufacturers from fleeing to greener pastures.
Mark Fogarty • 7 min read
Pension funds have long been the sleeping giants of housing. That’s because while they have a significant share in the sector, real estate is usually a fairly small part of their overall portfolios and so doesn’t loom very large on their radar screens.
Mark Fogarty • 4 min read
Returning equity investor Fannie Mae doesn’t expect the new changes to the tax code will crimp its return to the Low Income Housing Tax Credit market.
Mark Fogarty • 8 min read
Property managers in the affordable housing sector aren’t there just to collect the rent and keep steam in the radiators. Usually they are quite concerned about their residents’ quality of life.
Mark Fogarty • 6 min read
Affordable housing in Missouri may take a big hit after the state Housing Development Commission voted against matching Federal Low Income Housing Tax Credits with State Housing Tax Credits as they have done in past years.
Mark Fogarty • 6 min read
Private activity bonds are a huge part of affordable multifamily housing and their elimination—now or in any year—would blow a hole through the market.
Mark Fogarty • 7 min read
Imagine a world without tax credits. No Low Income Housing Tax Credit. No New Markets Tax Credit.