Affordable Housing Preservation Remains a Strong Social Impact Investment, Policy Paper Concludes
Pamela Martineau • 5 min read
As the United States struggles with a severe housing crisis, investing in affordable housing preservation offers stable, risk-adjusted returns that can produce positive social outcomes.
Have an idea for an article?
We want to hear from you! Email us at [email protected]
Case Study
Green and Resilient Retrofit Program Starting to Take Off
Mark Fogarty • 7 min read
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.
Case Study
New Developer Puts Shovels in Ground in Indianapolis
Mark Fogarty • 6 min read
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.
Enterprise’s Faith-Based Development Initiative Tackles Affordable Housing Through Intentional Engagement
Abram Mamet • 10 min read
In recent years, developers have begun to see the many churches, mosques, synagogues and other landholding faith organizations that dot the United States as ideal partners in the struggle to control the affordable housing crisis.
Bank of America Affordable Housing Challenge: Building Tomorrow’s Housing Leaders
Pamela Martineau • 7 min read
For 33 years, Bank of America has worked to develop the next generation of affordable housing leaders through its Affordable Housing Challenge, a competition in which students design an affordable housing project from concept through funding and developable plan.
Multifamily Construction Faces a Power Outage
Utilities and Inspectors Stretched Thin and Opaque Bureaucracy Causes Costly Delays for Tax Credit Projects
Ethan Finlan • 9 min read
Throughout the early 2020s, costly delays have hammered multifamily projects thanks to supply chain, labor force and interest rate challenges.
Preserving an Expired LIHTC 30 Percent Basis Boost
Mark Shelburne • 7 min read
Making the numbers work for a Federal Low Income Housing Tax Credit (LIHTC) transaction can be challenging, or sometimes even impossible.
Funding for Green Retrofits
Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans and Grants are Hitting the Ground
Ravi Malhotra • 3 min read
The Inflation Reduction Act and Bipartisan Infrastructure Law are in their second and third years, respectively. $480 billion of BIL, and most of the approximate $390 billion of IRA clean energy funds have now been awarded from the Feds to states, municipalities and other entities.
Advertisement
Monthly Columns
The Guru Is In
Battalions of Sorrows: Part 3, The Only Thing Worse Than Evicting
David A. Smith • 5 min read
Three and a half years after it began with the best of intentions, state-level programs and laws intended to help residents avoid eviction have cost many of the country’s largest, best and most ethical affordable housing owners upwards of half a billion dollars – and the total keeps rising.
Legally Speaking
The Technical Aspects of Closing a Faircloth-to-RAD Deal
Bennett Applegate • 8 min read
As several of the early Faircloth-to-RAD projects are completing their conversion to the Rental Assistance Demonstration (RAD) program, practitioners are also starting to better understand the legal “nuts and bolts” of how to close a transaction and ensure a smooth transition from Faircloth-to-RAD.