Treasury Department Introduces Triad of Moves to Bolster Affordable Housing
Pamela Martineau • 5 min read
The U.S. Department of the Treasury has introduced new guidance and rule changes intended to bolster the nation’s supply of housing, especially affordable housing.
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Case Study
COVID Relief Aids Housing, but There’s a Deadline
Mark Fogarty • 8 min read
The American Rescue Plan Act of 2021 (ARPA), the official name of the COVID stimulus bill, wasn’t associated with housing at the time.
Case Study
A Lot Going on at Boston Back Bay Redevelopment
Service provider key for delivering supportive services
Mark Fogarty • 6 min read
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.
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USDA Lending Changes Boost Multifamily Outlook in Rural America
Agency Boosts Loan-to-Cost Ratio of Key Lending Program to Make More Projects Pencil
Ethan Finlan • 5 min read
Since 1996, the United States Department of Agriculture (USDA) has provided loans for affordable multifamily housing in rural areas through its Rural Development Section 538 program.
Interest Rates: Experts Weigh in on When the Fed Might Move the Needle
Pamela Martineau • 7 min read
What does the future hold for interest rates? Many real estate developers, consumers and economists are weighing that question as mortgage interest rates hover at roughly seven percent, more than double what they were during the height of the pandemic.
HUD Revisits HOME Programs Administrative Rules with Proposed Update
Abram Mamet • 10 min read
On May 29 of this year, HUD published a proposed rule update to its decades-old HOME Investment Partnerships program, a federal block grant that provides funding to hundreds of state and local jurisdictions for a diverse array of low- and moderate-income homeownership and rental activities.
Controlling the Costs of Deals
Nushin Huq • 11 min read
Affordable housing developers use creative approaches to deal with the rising cost of things, like insurance, utilities, construction and operations.
Breaking Ground
Keli Savage, AVP, Head of Impact Investment Strategy, CVS Health
Darryl Hicks • 8 min read
Tax Credit Advisor sat down with Savage to learn more about CVS Health’s activities and plans for the future.
GGRF: Funding Considerations for Affordable Housing Developers
Ami Cullen & Jerome L. Garciano • 9 min read
In April of 2024, the EPA announced the winning applicants chosen by the agency to administer the three GGRF initiatives funded.
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Monthly Columns
Legally Speaking
Important LIHTC Partnership Agreement Features
David A. Davenport • 7 min read
The Supreme Court recently heard arguments in City of Grants Pass, Oregon v. Johnson, in a rare instance of the Court grappling with the issue of homelessness.
The Guru Is In
Saving America’s Struldbrug Office Towers with Housing?
David A. Smith • 6 min read
Four years after the response to COVID-19 emptied downtown high-rise office buildings of workers, leaving some towers furnished shells empty of life or commerce, why hasn’t the prophesied breakthrough of office-to-residential conversions appeared?