Michael Murney Author Archives

Certificated Credits Guide

Selling State Housing Credits Without Selling Ownership

8 min read

Certificated credits can provide enhanced equity for deals that provide affordable housing to communities.

Case Study

Five Years After George Floyd, Opportunity Crossing Rebuilds with Vision in Minneapolis

10 min read

Opportunity Crossing has transformed a burnt-out lot into a 110-unit, community-rooting development.

Fannie and Freddie’s Billion-Dollar Boost

How the GSEs Plan to Scale and Spend

8 min read

Fannie Mae and Freddie Mac are poised to provide a lift to affordable housing nationwide after their LIHTC investment caps were doubled heading into 2026.

Understanding HUD’s Recently Leaked Draft Rules

Highlights from NH&RA's Fall Developers Forum (Part Two)

& 5 min read

Michelle Molina discussed work requirements, time limits and increased immigration enforcement at NH&RA’s recent Fall Developers Forum.

The Rise of the Impact Investor

Practical Steps for Developers Looking to Attract Funding

8 min read

As impact-oriented capital plays an increasingly large role in affordable construction, developers can take specific action to make their properties most attractive to impact-driven investors.

Industry Leaders on Navigating Today’s Choppy Federal Waters

Highlights from NH&RA's Fall Developers Forum (Part One)

& 5 min read

At NH&RA’s Fall Developers Forum, Eric Keifer expressed optimism that federal agencies would remain vital and viable partners.

Revolving Loan Funds Offer Powerful, Consistent Gap Funding

8 min read

Revolving Loan Funds have emerged recently as an inexpensive source of construction financing, providing a potential method for kickstarting stalled projects.

Housing Trust Funds: Making the Most of a Valuable Resource

8 min read

In recent years, Housing Trust Funds have become an essential gap financing resource at the local, state and national level. For maximum viability, experts advocate for reliable funding streams.

A New Day in Texas

Legislative Reforms Offer Hope for Revitalized Development in the Lone Star State

6 min read

Texas developers say a suite of new laws may stimulate affordable housing growth, rolling back decades of onerous zoning restrictions and reducing the power of NIMBY voices to block development.

Colorado’s Middle Income Housing Tax Credit: An Innovative Solution to a Country-Wide Problem

Program Announced First Round of Funding Awards in July

8 min read

The first of its kind in the nation, Colorado’s Middle Income Housing Tax Credit program announced its first funding awards in July.

Inside Pennrose’s Centralization Effort, Where Creative Use of Data Has Led to Significant Organizational Efficiency

8 min read

Recent centralization efforts at Pennrose have led to significant gains in organizational efficiency.

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