Tax Credit Advisor Article Archives

Although the LIHTC remains a primary driver of housing production in the United States, fierce competition for credits and sustained regulatory challenges have prompted developers to seek alternative funding sources in recent years.

Evergreen Real Estate Group’s Rifle Apartments project in Rifle, CO will be the first family LIHTC development in Rifle in 20 years, addressing the urgent need for affordable housing in the area.

Restore-Rebuild, HUD’s rebranded Faircloth-to-RAD conversion program, seeks to streamline and integrate the RAD conversion process for PHA mixed-finance developments to increase affordable rental units in housing markets throughout the nation.

In February, Maine’s state housing authority released its first annual assessment of housing affordability in the Pine Tree State. The 2025 Housing Outlook finds both positive and negative signs for the affordable housing market.

Dominium is targeting New Mexico in a big way. Its latest construction project in the Land of Enchantment will add 216 affordable units to the city of Rio Rancho, and there’s more to come elsewhere in the state.

The journey to economic sustainability is just the beginning for mission-driven entrepreneurs, as they face new challenges and transformations.

As proponents of affordability grapple with the ramifications of a rapidly changing regulatory landscape, stakeholders continue to search for innovative pathways toward preserving and developing affordable projects at a rate commensurate with rising demand. That was the focus of Affordable Housing Beyond LIHTC, a panel at National Housing & Rehabilitation Association’s Annual Meeting in January.

The federal government has significantly changed how it handles compensating people relocated by property seizures. The Uniform Relocation Assistance and Real Property Acquisition Policies Act was amended to increase available compensation, broaden the definition of a “displaced” person and improve assistance by finding suitable replacement properties.

On his first day in office, President Trump issued a Presidential Action aimed at reducing the cost of living and increasing prosperity for American workers. This includes directives to lower housing costs and expand supply.

The Department of Housing and Urban Development recently adopted a rule update to its Home Investment Partnerships program (HOME). This is the first major update to the HOME program since 2013.

Tax Credit Advisor sat down with Novogradac to get his take on the current state of the industry and its future, as well as the pending policy issues that could greatly impact the industry.

The adaptive reuse of the historic Daugherty Furniture Company building in Clinton, TN, turning it into 39 units of affordable housing, is reviving one of its original uses, as the upper floors were devoted to housing when the retail property was built in the 1940s.