IRS Announces Increases to LIHTC and PAB Per-Capita Multipliers, Boosting Critical Tools in the Development Toolbox 

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.

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Case Study

Pride at Work at Boston Housing for Seniors

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

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.



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Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

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

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

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

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.

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icon The Guru Is In

Digitization Creates Financeability

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. 

icon Legally Speaking

Investment Earnings and the 50 Percent Test

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).