Tax Credit Advisor Article Archives

Last month, I had the privilege of attending the Innovative Housing Showcase, which was co-hosted by the Department of Housing and Urban Development and the National Association of Home Builders.

Developers and state housing agencies are scrambling to find programs that will help workers in expensive communities be able to live in the same towns they work in.

Since February 2022, Adhi Nagraj has served as the chief development officer at St. Louis-based McCormack Baron Salazar—one of the nation’s leading for-profit developers, property managers and asset managers—overseeing all project management activities nationwide.

Many American adults, about 60 percent, have experienced trauma, but the practice of considering the effects of trauma on affordable housing residents and staff is relatively recent.

In 1602, clever Amsterdam burghers invented the ancestor of today’s limited partnerships, the Dutch East India Company.

Mixed-income projects transform neighborhoods, decrease poverty and reduce exposure to environmental hazards.

Today’s cities generally emphasize cohesion and citywide vibrancy, and many municipalities are focused on the creation of mixed-income communities.

Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments and other real estate development solutions in 2022, surpassing the previous record of $6.7 billion generated in 2021.

As demand for electric vehicles (EVs) intensifies, multifamily owners and operators are increasingly forced to explore their EV charging options.

Income averaging allows affordable housing developers to expand the range of people on the income strata who are eligible to live in affordable communities, while also helping projects pencil out.

Boston’s Cruz Companies is currently developing two mixed-income, mixed-use properties in the Roxbury/Nubian Square area of the city.

They built the great mills along the Merrimack River in Lowell and Lawrence, MA to last.