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.
Caitlin Jones • 2 min read
Tax Credit Advisor ““ July 2012 ““ At Sage Partners LLC, a Florida developer, different types of technology are enabling the company to better market and manage its three completed affordable housing developments and improve the quality of life for residents.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: Roughly $9.20 in economic activity will be generated by projects for each dollar in Minnesota state historic rehabilitation tax credits claimed according to a new study.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: Anew IRS Chief Counsel Advice Memo (201147024) provides answers to questions about various aspects of the federal tax treatment of five different Massachusetts state tax credits. These are the historic rehabilitation, low-income housing, brownfields, motion picture, and medical device tax credits.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: Staying current on green building and energy efficiency requirements and techniques, funding sources and incentives to pay for improvements, and steps for effective operation and maintenance are more essential than ever for the successful construction and rehabilitation of affordable multifamily rental housing projects.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: If you listen carefully, you just might hear the footsteps of Harry Truman walking the halls at The Alexander Company’s new mixed-used development in downtown Kansas City, Mo.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: For Upstate New York developer Duncan Barrett, Chief Operating Officer of Omni Housing Development LLC, tough housing deals are almost the norm.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: An energy audit, an assessment of the energy needs and efficiency of a building or group of buildings, can be informative for an affordable multifamily rental housing development as well as provide a roadmap for the most cost-effective improvements to make.
Caitlin Jones • 1 min read
Tax Credit Advisor, January 2012: Fannie Mae and Freddie Mac adjustable-rate mortgages have become increasingly popular with affordable rental housing developers and owners, according to lenders and others.
Caitlin Jones • 1 min read
Tax Credit Advisor, December 2011: In much of America, vacant or underutilized retail shopping centers are dragging down surrounding neighborhoods.
Caitlin Jones • 1 min read
Tax Credit Advisor, December 2011: The Community Development Financial Institutions (CDFI) Fund expects to announce its ninth round awards of new markets tax credit allocation authority in “late winter” of 2012, and proceed with a tenth round next year even if the program hasn’t yet been reauthorized, according to CDFI Fund Director Donna Gambrell.