Ethan Finlan • 5 min read
In February, Maine’s state housing authority released its first annual assessment of housing affordability in the Pine Tree State. The 2025 Housing Outlook finds both positive and negative signs for the affordable housing market.
Ethan Finlan • 5 min read
The federal government has significantly changed how it handles compensating people relocated by property seizures. The Uniform Relocation Assistance and Real Property Acquisition Policies Act was amended to increase available compensation, broaden the definition of a “displaced” person and improve assistance by finding suitable replacement properties.
Lyla Maisto • 8 min read
As proponents of affordability grapple with the ramifications of a rapidly changing regulatory landscape, stakeholders continue to search for innovative pathways toward preserving and developing affordable projects at a rate commensurate with rising demand. That was the focus of Affordable Housing Beyond LIHTC, a panel at National Housing & Rehabilitation Association’s Annual Meeting in January.
Pamela Martineau • 8 min read
Tax Credit Advisor sat down with Novogradac to get his take on the current state of the industry and its future, as well as the pending policy issues that could greatly impact the industry.
Abram Mamet • 7 min read
The Department of Housing and Urban Development recently adopted a rule update to its Home Investment Partnerships program (HOME). This is the first major update to the HOME program since 2013.
Abram Mamet • 9 min read
The affordable housing sector, crucial for over a million Americans, is navigating uncertain times. A recent NH&RA panel offered a platform for thought leaders to discuss the future and share insights.
Pamela Martineau • 7 min read
Taking the cue from the success of build-to-rent (BTR) single-family homes in the market rate space, some affordable housing developers are building the product for low-income families looking to live in single-family homes.
Abram Mamet • 9 min read
For mission-committed developers who have taken up the task of building subsidized affordable housing for seniors, HUD’s Section 202 program has continued to provide a vital financial boost to new senior housing projects.
Pamela Martineau • 5 min read
Housing advocates from Novogradac’s working group are hopeful that the Opportunity Zones (OZ) program will be extended and enhanced by incoming secretaries of the Treasury and the Department of Housing and Urban Development (HUD).
Pamela Martineau • 5 min read
The National Housing Crisis Task Force issued a broad swath of policy recommendations for the new administration to address the nation’s housing crisis, including calling for the federal government to “fundamentally restructure” its organization to address the problem and provide billions to rehabilitate existing subsidized affordable housing stock.
Abram Mamet • 9 min read
By many accounts, 2024 was a challenging year within the affordable housing industry. Multi-year difficulties, such as inflationary pressure, supply chain disruptions and environmental burdens persisted, while fresh hurdles like rapidly rising insurance rates began to take hold.
Ethan Finlan • 4 min read
The New Markets Tax Credit (NMTC) program’s most obvious impact on affordable housing is through financing construction projects with at least 20 percent of revenue from commercial activity.