Tax Credit Advisor Article Archives

Martin Luther King’s dream is continually being reinvented, enduringly so in California, where Dr. King’s assassination in 1968 spurred an ecumenical group of clergy and laymen in the Golden State’s Marin County to begin a project to build affordable housing that has continued to this day.

Peter Bell has been an observer, chronicler and convenor of the affordable housing industry since becoming NH&RA’s first full-time staff member back in 1976.

As the homeless crisis deepens throughout the United States—particularly on the West Coast—affordable housing developers are increasingly partnering with social service providers to offer permanent supportive housing to homeless people and other vulnerable populations.

The IRS has published the long-awaited revisions to its average income test regulations for the Low Income Housing Tax Credit.

Without anyone noticing, at roughly the same time ‘return-to-office’ softened its branding to ‘hybrid work environment,’ ‘side hustle’ replaced ‘moonlighting’ as the common parlance for being entrepreneurial outside one’s primary job.

Late in 2021, the Department of Housing and Urban Development (HUD), using different than normal data, changed the way it determined Fair Market Rents (FMRs).

Housing, at long last, has taken center stage in federal policy.

As fall blows in, we are nearing the end of our first full year back in person.

The Bipartisan Infrastructure Law (BIL) provided $3.5 billion for the Weatherization Assistance Program (WAP); a ten-times increase that is to be spent in the next five years.

The Danube Apartments are a keeper.

The goal of a Low Income Housing Tax Credit partnership is not to negotiate and execute the world’s most perfect partnership agreement.

Market feasibility studies are not just a required step in federal and state financing programs, but an invaluable tool to ensure that affordable housing projects are marketable.