Tax Credit Advisor Article Archives

For National Housing & Rehabilitation Association’s 50th anniversary, we wanted to do a breakdown of the affordable housing situation in different parts of America, and how it has changed throughout the years. 

Because life makes sense only in retrospect, we’re seldom aware in the moment that someone else’s action can change our lives forever. Nor will your benefactor know, then or after, just how seminal his or her small action was, and somehow, you’ve never thanked those who helped you.  

As we reflect back over the past 50 years and recognize some of our most prominent and supportive members in the National Housing & Rehabilitation Association, The Wingate Companies (founding members of NH&RA) needs to be on that list.   

Hello again. I’ve been invited to drop in for a visit, like the retired old baseball player asked to throw out the first pitch and then turn the mound over to a younger, stronger arm. 

Navigating rising construction costs is currently a primary concern of all NH&RA members—and fittingly the focus of this issue.

The housing development sector nationwide continues to struggle with supply chain disruptions and building material price increases.

As construction costs continue to increase, exacerbated due to COVID-related supply chain issues and inflation, manufactured housing is an increasingly attractive option for affordable housing developers.

For several decades, U.S. cities have been building extensive light rail and bus rapid transit networks. In recent years, such expansions have included intentional plans to promote development around lines, implementing a strategy known as transit-oriented development (TOD).

Forcibly caged in 1982, and virtually somnolent for the last two decades, inflation is back with such a vengeance that the Administration is using ever more grandiloquent circumlocutions to deny its existence.   

A collaboration between the City and Archdiocese of Detroit featuring an extensive consultation with area residents has resulted in the redevelopment of an old, vacant Catholic school building into 19 affordable housing units by Cinnaire Solutions and Ethos Development Partners. 

The emptying out of urban offices due to the pandemic has allowed many workers to relocate farther away from work, making housing in city suburbs even less affordable than usual. The town of Hudson, NH, a suburb of Boston, is one of them. 

For nearly 20 years, Caleb Roope, CEO and president of The Pacific Companies has used volumetric modular offsite construction for a portion of his company’s development projects.