LIHTC Archives

icon The Guru Is In

Battalions of Sorrows: Part 1, Insurance 

5 min read

Inflation is not a single force but a swarm of costs that appears in scouts and attacks from all directions.

icon Legally Speaking

Important LIHTC Partnership Agreement Features

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.

HUD Revisits HOME Programs Administrative Rules with Proposed Update 

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 

11 min read

Affordable housing developers use creative approaches to deal with the rising cost of things, like insurance, utilities, construction and operations. 

Case Study

COVID Relief Aids Housing, but There’s a Deadline

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.

GGRF: Funding Considerations for Affordable Housing Developers

& 9 min read

In April of 2024, the EPA announced the winning applicants chosen by the agency to administer the three GGRF initiatives funded.

Case Study

Rolling Up Rural Deals  

Preserving Aging Rural Housing Through Bond Finance

6 min read

Tax-exempt bond finance can be brought to bear on one of the nation’s most pressing needs: the preservation of aging rural housing portfolios.

Case Study

Using General Revenue Bonds to Support Workforce Housing

7 min read

Developers can partner with Public Housing Authorities (PHA) issuing General Revenue bonds to achieve workforce housing solutions that are superior to using traditional real estate finance, according to Sam Adams, managing director of capital markets at KeyBanc Capital Markets (KBCM), which issues such bonds.

Risk-Sharing Initiative Extended Indefinitely

FFB/FHA Risk-Sharing Program Adds Federal Muscle to Local Deals

8 min read

Earlier this year, federal officials announced that the Federal Housing Administration (FHA)’s Risk-Sharing Initiative would be extended indefinitely, strengthening a resource that has become increasingly vital in recent years for State Housing Finance Agencies (HFAs).

A “Solution-Oriented” Approach to Today’s Housing Problems 

The Michaels Organization Addresses Attainable Housing

8 min read

The Michaels Organization has a history of identifying problems and forging ahead with bold solutions.

icon Industry Insights

Final CRA Rule Implementation on Pause  

4 min read

A U.S. District Court for the Northern District of Texas recently granted an injunction to extend the Community Reinvestment Act final rule’s effective date, April 1, along with all other implementation dates. Here’s what you need to know about the case and how it will impact LIHTC investment.

icon The Guru Is In

Neither Fair, Nor Market, Nor Rent

6 min read

Names can outlive their purpose and their original meaning. Though the Holy Roman Empire was neither holy, nor Roman, nor an empire, a cluster of mutually distrustful principalities with a largely symbolic head of state known as the Holy Roman Emperor maneuvered under that rubric for a thousand years after its 800 AD founding by Charlemagne before it was put to sleep by the 1815 Congress of Vienna. Such may yet be the fate of two venerable concepts, Fair Market Rent (FMR) and the Area Median Income (AMI). 

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