Tax Credit Advisor Article Archives

Jeff Brodsky graduated from Rensselaer Polytechnic Institute in upstate New York with a degree in Mechanical Engineering and moved to Detroit to work for the Ford Motor Company, just as the Middle East oil crisis hit in 1978.

The Novogradac Low-Income Housing Tax Credit Showcase, released in January to commemorate the 30th anniversary of the federal drive to encourage affordable housing, shows the LIHTC program in action by profiling 72 LIHTC developments in 34 states and territories.

In central London, on the pavement at every street corner, every traffic light, every pedestrian crossing, are painted two words: LOOK RIGHT. They exist to protect us against the instincts most of us have spent a lifetime acquiring, instincts that kick in when we are inattentive, in a hurry, tired or under stress.

We have two options,” an official from the Housing Authority of Baltimore City (HABC) tells a meeting of several hundred people who live in an HABC-owned building.

A new Courtyard Marriott Hotel in Muncie, Indiana offers more than a comfortable room and a good meal. Within its walls, people with disabilities are being trained for careers in hospitality.

The affordable housing industry has long required multifamily developers and owners to be creative in structuring financing for their developments given a seemingly endless need for limited resources to create and preserve these properties.

At 30 years old, the Low-Income Housing Tax Credit has never looked better according to CohnReznick. The Low-Income Housing Tax Credit Program at Year 30: Recent Investment Performance (2013-2014), the national accounting firm’s look back at the performance of LIHTC properties over the program’s lifetime, as well as at recent trends across the portfolio, delivers good news to both for-profit and non-profit multifamily developers, as well as those who invest in their projects.

In 1975, when then Mayor William Schaefer was concerned about Baltimore’s reputation, he gathered four local ad agencies who put their heads together and decided to solve the problem by giving the town the nickname, Charm City.

In a little less than 11 months there will be a new President of the United States. With the full attention of the political blognescenti on the increasingly raucous Democratic and Republican primaries, it can be easy to ignore that the current Congress and President must still govern. With that in mind, on February 10th President Obama released his Fiscal-Year 2017 budget proposal.

The large map shows the city of Baltimore broken into block clusters, color-coded to designate variables such as home ownership and occupancy rates.

One of the joys of editing this magazine—in addition to the chance to intermingle with and learn from all of you—is the opportunity to tackle topics that make a substantial difference in American lives.

This month TCA takes a deep dive into exciting and innovative strategies in the aging and senior housing space. The physical and lifestyle needs of baby boomers will continue to evolve and the affordable housing industry must develop plans to meet their requirements today and 20 years from now.