Joseph Poduska • 6 min read
Careful design is a large reason for the success of Courier Place Apartment Homes, Jamboree Housing Corporation’s first venture in building multi-generational affordable housing for families and seniors.
Glenn Petherick • 4 min read
Boston Capital is on the street with a $157 million national multi-investor fund (7% projected yield) that is fully specified in properties and expected to close by March 31, after closing a $150 million national multi-investor fund (6.20%) in the fourth quarter of 2012, said executive Jeff Goldstein.
David A. Smith • 6 min read
A hundred years ago, it was unremarkable to be born at home, and to die at home. Fifty years ago, it was unremarkable for a doctor to make house calls, and the equipment he brought was nothing more than a mysterious black bag, a stethoscope, a tongue depressor, and hands as cold as if he kept them permanently in a freezer.
Thomas Amdur • 4 min read
Sometimes it feels like our lives are a progression of acute crises. It is rare that an initiative or transaction goes exactly as planned, and in adversity it easy to lose sight of the big picture. As I write this column on December 12, the fiscal cliff looms ever closer and the Northeast begins the long recovery from Hurricane Sandy’s devastation.
Glenn Petherick • 4 min read
In the West Harlem section of New York City, the federal new markets tax credit is helping to finance the development of an $80 million mixed-use project that will contain affordable rental and supportive housing units, an early childhood center, and a unique children’s museum that celebrates the neighborhood’s history, bringing new housing and educational opportunities to a distressed community.
Glenn Petherick • 4 min read
Bob Greer, President of Michaels Development Company, often visits Members of Congress in their Washington or district offices to build relationships and advocate for the low-income housing tax credit generally and for specific actions that the industry is seeking.
Glenn Petherick • 6 min read
Minneapolis-based Dominium is as much a developer of historic preservation projects as it is of multifamily rental housing.
Glenn Petherick • 2 min read
The Government Accountability Office (GAO) recently issued a report that examines the implementation by state allocating agencies of 2008 legislative changes to the federal low-income housing tax credit (LIHTC) program and the impact of these changes.
Glenn Petherick • 7 min read
The stakes for tax credit advocates couldn’t be higher when the new 113th Congress convenes in January.
Caitlin Jones • 1 min read
Tax Credit Advisor ““ July 2012 ““ The Affordable Housing Tax Credit Coalition recognized winners of the 18th Annual Charles L. Edson Tax Credit Excellence Awards at a June 21 ceremony in Washington, D.C.
Caitlin Jones • 2 min read
Tax Credit Advisor ““ July 2012 ““ In the late 19th century in the District of Columbia, when local political giant Alexander “Boss” Shepherd pushed an array of public works projects to enhance the city’s image, Washingtonians had their choice of several public markets where they could shop vendor stalls for fresh foods and meat as well as socialize.
Caitlin Jones • 1 min read
Tax Credit Advisor ““ July 2012 ““ Owners and developers of low-income housing tax credit projects (LIHTC) looking to generate larger tax deductions to offset current taxable income, negotiate investor yield issues, or resolve certain Year 15 LIHTC issues may wish to explore getting a cost segregation study for their property.