Tax Credit Advisor Article Archives

Five years after COVID disrupted real estate markets, America’s highest real estate priority is housing, and in particular, affordable housing.

Over the past several years, HUD has been rolling out updates to Sections 102 and 204 of the Housing Opportunity Through Modernization Act (HOTMA), pushing back deadlines that require affordable housing property managers to pivot in their tenant certification practices.

Between Executive Orders, the One Big Beautiful Bill Act (OBBA), and successive waves of litigation, much remains unclear about the path to greening multifamily affordable housing properties.

In an affordable housing landscape where optimism and creative solutions are more important than ever, private activity bond (PAB) volume recycling can be an attractive device for developers competing in an oversubscribed bond market.

Affordable housing is playing a key role in keeping Philadelphia’s Chinatown thriving with a brand new senior housing project that is bringing more affordable units online while simultaneously preserving the neighborhood’s cultural strengths.

At NH&RA’s 2025 Summer Institute, Michaels Organization EVP Milton “Milt” Pratt joined NH&RA President Peter Bell for a wide-ranging conversation on his nearly 40-year affordable housing career, highlighting the value of industry relationships, mentorship, and a steadfast commitment to “taking care of families and lifting lives.”

Despite an intricate and sometimes lengthy process, obtaining a favorable credit rating can provide immense benefits for public housing authorities.

Advancements in supply chain management have enabled significant cost savings and operational efficiencies in affordable housing construction. For housing providers the potential dividends can be enormous, with decreased friction in the procurement of raw materials, predictable project costs and timelines, and downstream logistical efficiencies during construction itself.

At NH&RA’s Summer Institute in Boulder, CO, questions about the current administration’s impact on the affordable housing industry dominated the discussion. But there were also valuable talks centered on new building practices that exemplify the industry’s history of resilience and innovation.

Since 2008, HUD-VASH has acted as a bulwark against veteran homelessness.
Because it serves a uniquely complex sub-group of America’s homeless population and is likewise composed of a uniquely complex development application and approval process, this presents a singular set of robust incentives, and potential challenges, for prospective developers.

Vince Bennett, President, McCormack Baron Salazar examines the balance between building quality housing and supporting families through services tailored to their needs.

The unease that gripped the LIHTC investor market earlier this year—following a new administration and some uncertainty in Washington—has started to lift, according to industry syndicators. The market is further buoyed by the continued legislative advance of the AHCIA.