Mark Fogarty • 7 min read
A $32 million renovation of an old courthouse in Lexington, KY, using both State and Federal Historic Tax Credits, has converted an 120-year-old structure into a beautiful multi-use boon to downtown redevelopment – and also righted a spectacular architectural fail from 50 years ago when a beautiful interior dome was sealed off and turned into an HVAC closet.
Mark Fogarty • 8 min read
A new and disturbing trend in homelessness was taking over in Jacksonville, FL at the beginning of this decade.
Mark Fogarty • 6 min read
Jeff Huggett enjoyed doing pro bono development work on a project to house the homeless in St. Paul, MN, recently.
Mark Fogarty • 7 min read
It’s clear from adding up the pros and cons of last year’s tax reform that the tax credit industry could have fared a lot worse than it did. It’s also apparent that while the industry did take a few knocks, it wasn’t knocked for a loop.
Mark Fogarty • 6 min read
Affordable housing values are rising, both in the conventional and Section 8 segments of the business, helped by strong economic fundamentals and increasing rental demand.
Mark Fogarty • 7 min read
Funds seeking to take advantage of the new Opportunity Zones are actively forming now and may be deploying money for investments in economically distressed areas by the end of the year.
Mark Fogarty • 6 min read
Affordable housing specialist Woda Cooper Companies, Inc. not only has a new name and headquarters, it has a new ownership structure that may become a model for the industry.
Mark Fogarty • 6 min read
Low Income Housing Tax Credit project in Columbus, OH is giving a fresh perspective to the concept of workforce housing.
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.