Caitlin Jones & A. J. Johnson • 1 min read
AS THE Tax Credit Advisor went to press in mid-December, the Community Development Financial Institutions (CDFI) Fund was about to open the next funding round for the federal new markets tax credit (NMTC).
Caitlin Jones & A. J. Johnson • 10 min read
IN REAL ESTATE PROJECTS using federal tax credits, most eyes are focused on structuring the transaction, building the project, and setting up mechanisms to ensure adequate compliance during the recapture period.
Caitlin Jones & A. J. Johnson • 3 min read
THE U.S. DEPARTMENT OF Housing and Urban Development (HUD) and Advisory Council on Historic Preservation (ACHP) recently held a symposium to promote the idea that historic preservation can be compatible with the preservation of affordable housing.
Caitlin Jones & A. J. Johnson • 13 min read
DEVELOPERS SHOULD PREPARE FOR reduced low-income housing tax credit (LIHTC) prices in 2008, because of various factors that have created uncertainty in the equity market, according to participants interviewed by the Tax Credit Advisor.
Caitlin Jones & A. J. Johnson • 1 min read
Members of the Affordable Housing Investors Council (AHIC) elected new officers for 2008, and new board members, at their 2007 Annual Meeting in mid-October in Scottsdale, AZ.
Caitlin Jones & A. J. Johnson • 8 min read
BOTH IN SUPPLY AND demand, Milwaukee continues to be a vibrant market for tax credit housing. Contrary to many other “Rust Belt” cities, Milwaukee appears to be on the grow from an increasing numbers of jobs and a resurgent economy.
Caitlin Jones & A. J. Johnson • 4 min read
AFTER AN UNSUCCESSFUL ATTEMPT to win regulatory relief from the U.S. Securities and Exchange Commission (SEC), a coalition of housing groups now expects to pursue passage of federal legislation to ease stricter new audit requirements for certain lowincome housing tax credit (LIHTC) partnerships.
Caitlin Jones & A. J. Johnson • 2 min read
THE U.S. Department on Housing and Urban Development (HUD) on 11/19/07 published a final rule in the Federal Register that lifts a previous limitation that restricted the HUD Section 8 project-based voucher rent to the low-income housing tax credit (LIHTC) rent for units assisted by vouchers and credits.
Caitlin Jones & A. J. Johnson • 7 min read
THE U.S. DEPARTMENT OF AGRICULTURE’S Rural Development Office of Multi-Family Housing estimates that 4,250 Section 515 affordable rural housing properties “will physically deteriorate to the point of being unsafe or unsanitary within the next few years.”
Caitlin Jones & A. J. Johnson • 6 min read
A NEW STUDY CONCLUDES THAT low-income housing tax credit (LIHTC) rents could stay flat for years in hundreds of communities across the U.S.
Caitlin Jones & A. J. Johnson • 10 min read
THE USE OF HOUSING credits and a little-known Fannie Mae program is enabling a public housing agency in Jackson, TN, to fund the comprehensive rehabilitation of an older small public housing property for elderly and disabled residents.
Caitlin Jones & A. J. Johnson • 6 min read
AS THE FIRST SESSION OF THE 110th Congress drew toward a close before year-end, supporters of transferred to 2008 their expectations for action by Congress on legislation to amend the federal low-income housing and historic rehabilitation tax credit programs, and to extend the federal new markets tax credit.