IRS Announces Increases to LIHTC and PAB Per-Capita Multipliers, Boosting Critical Tools in the Development Toolbox
Abram Mamet • 4 min read
The IRS has announced an increase to the LIHTC per-capita multiplier, providing a modest boost to the LIHTC market for 2025.
Have an idea for an article?
We want to hear from you! Email us at [email protected]
Case Study
Pride at Work at Boston Housing for Seniors
Mark Fogarty • 7 min read
Architects, developers and builders take justifiable pride in completing a successful affordable multifamily project. This is even more so the case at The Pryde, an LGBTQ-affirming development for seniors in the Hyde Park neighborhood of Boston.
Case Study
Banking on Affordable Housing in Honolulu
Mark Fogarty • 6 min read
A Honolulu bank building has been turned into affordable housing for very low-income residents with an adaptive reuse funded through Historic Tax Credits (HTC), Low Income Housing Tax Credits (LIHTC) and subsidies from city, county and state sources.
Advertisement
Breaking Ground
Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies
Pamela Martineau • 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 • 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 • 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.
What Housing Entities Need to Know About the Solar for All Program
Joel Laubenstein • 7 min read
The $7 billion Solar for All program under the Greenhouse Gas Reduction Fund offers housing authorities and other owners of affordable housing portfolios a significant opportunity to reduce energy costs for residents, create local jobs and introduce the benefits of renewable energy and energy efficiency to disadvantaged communities.
Advertisement
Monthly Columns
The Guru Is In
Digitization Creates Financeability
David A. Smith • 6 min read
If you own an income-producing property, you have an equity partner hiding in plain sight. Despite never signing a document with you, your municipality owns somewhere between one-eighth and one-quarter of your property’s economics, a slice it can increase without your consent, and will own longer than you’ll own the property.
Legally Speaking
Investment Earnings and the 50 Percent Test
Alex Zeltser, Esq. • 6 min read
For an affordable multifamily housing project to qualify for the maximum allowable amount of four percent LIHTCs, at least 50 percent of the project’s aggregate basis (consisting of eligible basis plus land) must be financed with the proceeds of tax-exempt bonds issued pursuant to an allocation of private activity bond volume cap by a state housing authority or another municipal issuer (the 50 percent test).