Mark Olshaker • 10 min read
Which of the following is most critical for improving and stabilizing the lives of low-income and homeless individuals and families?
David A. Smith • 5 min read
Congressman Steve Pearce (R-NM-2): Mr. Russ, can you tell me what rates of return [LIHTC] investors are looking at in this market? A lot of money sits idle, desperately looking for return.
Joel Swerdlow • 8 min read
Alabama’s state legislature let its Historic Tax Credit (HTC) expire in May 2016, but the credit’s legislative opponents were telling colleagues it would be reinstated —with the same seven-year extension—later this year or in 2017.
Thom Amdur • 3 min read
Whenever I meet someone new at an NH&RA conference or industry event, I tend to ask them how they came to the affordable housing business. My unscientific poll results indicate that most of us came to the business via circuitous routes. In my own case, if not for a chance meeting at a Rosh Hashanah brunch 12 years ago with our CFO, I would almost certainly be working in healthcare policy.
Darryl Hicks • 8 min read
Nationwide, 90 companies originate FHA-insured multifamily debt, among them AGM Financial, Inc., based in Baltimore, MD. Last year, the company ranked 15th overall in production, completing 22 transactions worth $315,403,300. The company’s Founder and Chief Executive, Margaret Allen, is among the industry’s most widely respected thought leaders.
Thom Amdur • 4 min read
States across the country are increasing access to renewable energy sources through support for community solar projects, which create a unique opportunity for developers to reduce their utility costs while bypassing some of the challenges of installing a solar system as part of the property.
Mark Olshaker • 7 min read
“A whole lot of moving parts,” is the way Holly Bray of Love Funding in Washington, D.C., depicts the three-year process of rehabilitating Arnold Gardens, a three-building affordable housing project in suburban Suitland, Maryland.
William G. MacRostie • 7 min read
The Historic Tax Credit industry has never been better organized than it is today—and that’s a good thing since there has never been a greater need for that organization than over the past few years.
John W. Gahan III • 4 min read
Imagine that you woke up one morning, expecting to see the person whom you married 14 years ago lying in bed beside you and instead you found a brand new spouse.
Joel Swerdlow • 4 min read
On March 24, Senator Maria Cantwell of Washington launched a national effort to increase affordable housing tax credits by issuing a report entitled, “Addressing the Challenges of Affordable Housing and Homelessness: Housing Tax Credit.”
Joel Swerdlow • 5 min read
HUD’s Rental Assistance Demonstration program (RAD) has the potential to preserve thousands of units of much needed affordable housing as well as to improve the quality of apartments built, in many cases, half a century ago. That’s all great. But it also will, by necessity, cause some disruption along the way. In many cases, the amount of work needed in these units is going to require tenants relocating while the work is in progress.
Mark Olshaker • 11 min read
The problem is clear, pervasive, and all but overwhelming: According to U.S. Department of Housing and Urban Development estimates, there is a backlog of more than $26 billion in needed renovations, repairs and upgrades to the nation’s inventory of public housing properties, and 10,000 affordable units are leaving housing programs each year.