Tax Credit Advisor Article Archives

For decades now, “it takes a village” has been part of the American vernacular.

While for-profit and nonprofit affordable housing developers can have different approaches to tax credit projects, there is one thing they generally agree on—the need for high-quality resident services for their populations.

The Inflation Reduction Act (IRA) provided the Environmental Protection Agency (EPA) with approximately $35 billion that is relevant to multifamily affordable housing.

It would make a good story if someone who moves into the renovated Upper Post Flats at historic Fort Snelling in Minneapolis had lived in those barracks on active-duty decades ago.

There is a subset of affordable housing multifamily apartment complexes referred to as Mark-to-Market (M2M).

In late January, after months of a two-track engagement process with tenant groups calling for nationwide rent control and industry groups calling for supply-side solutions, the Biden-Harris administration issued a press release, Blueprint for a Renters Bill of Rights and Resident-Centered Housing Challenge.

Home is where you choose

Uprooting and relocating residents can be challenging and stressful if you don’t have the right people in charge to coordinate everything.

Building Community While Addressing Stability

Robust resident services within affordable housing developments are key to transforming individual units and renters into a cohesive community.

I spent the end of 2022 and the beginning of 2023 watching College Football Bowl Games (Go Tigers! Clemson not LSU) and getting daily news updates on the recovery of Buffalo Bills player Damar Hamlin after his collapse on the field from cardiac arrest.

The nationwide shortage of affordable housing continues to make headlines. For low-income individuals seeking affordable housing, waitlists are hundreds—in some cases, thousands—of names long.