Tax Credit Advisor Article Archives

In 2015, San Francisco approved the largest conversion of government housing into private ownership in American history.

In 2011, on a Labor Day break from her job as the State of Washington’s junior Senator, Maria Cantwell joined a party of five to climb 14,000 feet to the peak of Grand Teton.

America’s burgeoning pro-housing movement has many layers, and I recently witnessed one of them firsthand on a rare rainy night in Los Angeles.

Imagine the confusion if the bosses of the company you worked for changed every four to eight years, while most of the rest of the staff remained.

Los Angeles, CA—Los Angeles is, by some metrics, America’s homeless capital. It has a county-wide nightly unsheltered population of roughly 82,000, including 13,000 who are chronically homeless.

Each subsequent presidential administration brings a new and differing set of priorities. With the current one clearly focused on lowering taxes, building infrastructure, fighting terrorism and everything having to do with immigration, affordable housing is not likely to reach the top of the to-do list.

On stage to debate for the Republican nomination for president were 16 people who thought they had to outshout each other—and one who obviously wanted to be the softest. Many needed to out-insult each other—and one felt compelled to show respect.

Because the cycle of poverty is generational, to break it we must adopt a generational approach, enlisting the whole family so that those who are older can help those who are younger aspire to, and achieve, more than their parents did.

There’s a reason the Arcade Building stood empty for more than 30 years. Bringing the landmark back to life took more than a dozen separate funding sources.

On a cold day last December, I stood on the roof of the Washington, DC building where the Nixon Peabody law firm has its DC headquarters with partners Jeff Lesk and Herb Stevens gazing at the expanse of empty roofs and imagining the possibilities.

A bulldozer tore into the brown bricks of Madison Park North apartments on December 9.

Transitions are times of anxiety and uncertainty. We know what we have, but we don’t know what we are going to get. Patience is probably the best antidote. It is difficult to anticipate outcomes. But that is not going to stop us.