Tax Credit Advisor Article Archives

One of the Inflation Reduction Act’s (IRA) most significant budget items is the money for tax credits, which could ultimately be worth over $500 billion.

In August, the Department of Housing and Urban Development began its first round of public housing inspections under a new, more stringent model, which aims to prioritize health and safety and correct any functional defects in housing.

Property managers are often asked to wear many hats: owners’ representative, rent collector, social worker, maintenance coordinator, event planner and building/systems expert, just to name a few. It’s a complex, multi-faceted job that I have immense respect for, especially as they served on the front lines during the pandemic and continue to adapt to a dramatically shifting landscape.

The Housing Opportunity Through Modernization Act (HOTMA) introduces significant changes to many aspects of multifamily programs through amendments to certain sections of the United States Housing Act of 1937.

 A project under construction now in Denver will provide 56 affordable apartments for formerly homeless young adults aged 18 to 24, as well as those “aging out” of foster care.

For most Americans, the accommodation we all want most to vacate is the hospital: no privacy, noisy with sounds one would rather not hear, hard to sleep, food bland or worse and hideously expensive.

Looking to instruct an employee on the correct way to plunge a toilet or use a ladder?

The challenge of providing sufficient affordable housing is not unique to the United States as governments around the world struggle to produce both quantity and quality of housing.

By all metrics, affordable housing remains challenging to produce.

If you work in affordable rent housing, you know from personal experience that some (many?) of your tenants have unreported side hustles—flexible work or overnight guests—the revenue from which helps them pay the bills and keeps them out of eviction.

The latest technological innovations, such as robotics, artificial intelligence (AI) and 3D printing can alleviate construction industry challenges and save time and costs from projects.

Modular affordable housing projects—with their quick construction timelines and cost savings compared with traditional stick-build projects—are gaining in popularity, but the projects present unique challenges in terms of financing, development expertise and site selection.