Tax Credit Advisor Article Archives

During an era of urban renaissance, and while sitting within one of America’s most prosperous regions, Baltimore has managed to become the nation’s biggest tragedy.

Rental-housing affordability is a serious issue for many essential moderate-income (“workforce”) workers – especially in more affluent population centers.

To stay profitable, an intermediary (syndicator, CDFI, mortgage originator, donor/technical assistance provider, development consultant) always has to have its own proprietary value proposition – a statement we make about ourselves that, if believed to be true, leads inevitably to the conclusion, ‘Do business with us’.

William “Bill” McGonagle literally has spent nearly his entire life involved with public and affordable housing.

There are many reasons why the Low Income Housing Tax Credit (LIHTC) and the Historic Tax Credit (HTC) have endured politically and produced or preserved so many affordable units and historic structures.

The word that stands out throughout this issue is community. We didn’t plan it that way. But in stories devoted to a wide range of subjects, including multi-credit deals, Opportunity Zones, state funding for housing and even NH&RA’s 2018 Vision Award honorees, the concept of community demanded attention.

We may call it work, but for many of you it is really daily problem solving.

Much of the excitement associated with the 2017 Tax Act was due to the large corporate tax cuts. Far less notice was accorded new sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code: They provide a broad incentive based on the concept of “qualified Opportunity Zones.”

By the reckoning of today’s pundits, wealth inequality is one of the seminal problems of our time. It has been called a “moral issue” by Bernie Sanders.

For much of his professional career, Richard Burns invested institutional capital in large commercial and multifamily real estate projects.

A new and disturbing trend in homelessness was taking over in Jacksonville, FL at the beginning of this decade.

The nation’s capital is gentrifying – right before our eyes. The high home prices that once largely existed west of Rock Creek Park are spreading eastward.