Tax Credit Advisor Article Archives

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

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.

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.

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.

Adaptive reuse can be a greener, less expensive, and more attractive alternative to new construction. For cities with a glut of older buildings, renovating and repurposing those structures can be an enticing way for politicians and planning officials to lessen a housing crisis.

St. Bernard Circle Apartments in New Orleans is another piece of an expansive HUD Choice Neighborhoods Initiative (CNI) grant to revitalize public housing in the city. With the use of resiliency standards for hurricanes and flooding, project developers aim to ensure the housing remains for a long time.

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.

While national media focus on headline issues related to national security and trade, administrative actions with significant impact on federally assisted programs often goes unnoticed. One such federal rule is the Equal Access Rule (EAR).

It is highly unusual these days for an affordable housing development to be financed from one source of funds. But that is what has happened at Elevate Estates in Henderson, KY, which secured money from two arms of HUD’s HOME program. Developer Elevate WKY (who shares the same name as the development) was awarded $15 […]

On May 21, with his flair for the bombshell, President Trump, in a post on Truth Social, stated his strong interest in privatizing Fannie Mae and Freddie Mac – and I flashed back to October 2008.

As tort reforms addressing property claims continue to develop nationwide, California developers and housing providers are championing the passage of Senate Bill 84.