Created to provide a peer network among real estate market analysts who focus part of their practice on affordable housing properties, the National Council of Affordable Housing Market Analysts (NCAHMA) is a membership organization devoted to education, information, and resource sharing. The Council works to increase awareness of benefits and value of properly conducted market analyses.
The Council presents opportunities for market analysts to discuss current issues, network and gain state-of-the-art information. The Council has created and refined guidelines to insure studies are sufficiently thorough to insure a comprehensive evaluation. Through multi-day forums and state HFA sponsored seminars, the Council brings market analysts together to share ideas among themselves – and with state agencies, equity syndicators, developers, local governments and other market study users.
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By Allen Feliz, Tax Credit Asset Management, LLC
Tax Credit Advisor, March 2010: The vast majority of low-income housing tax credit properties perform well, and most are continuing to do so, despite the economic downturn. There are, however, pockets of deep distress.
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Date Published: 03/10/2010
Tags: Tax Credits, LIHTC
Tax Credit Advisor, March 2010:
Ohio Opens New Application Round for State Historic Tax Credits
The Ohio Department of Development is soliciting applications by March 31 for $24.2 million worth of state historic preservation tax credits in the program’s latest funding round. The program offers a state tax credit equal to 25% of qualified rehabilitation expenditures for an historic building, up to a project cap of $5 million.
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Date Published: 03/10/2010
Tags: Tax Credits, Historic Rehabilitation Tax Credit
Tax Credit Advisor, March 2010: The prospects for quick enactment of provisions to extend the low-income housing tax credit (LIHTC) exchange program and the new markets tax credit (NMTC) program brightened for a bit in February before becoming clouded.
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Date Published: 03/10/2010
Tags: Tax Credits, LIHTC, NMTC, Congress
Tax Credit Advisor, March 2010: From New York to California and points in between, sponsors are engaging in niche construction and rehabilitation of affordable housing, either by producing specialized units or using non-traditional funding sources. Much of this output is the result of the American Recovery and Reinvestment Act of 2009 (ARRA).
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Date Published: 03/10/2010
Tags: Tax Credits, LIHTC, NMTC, Affordable Housing, HUD
Tax Credit Advisor, March 2010: For Massachusetts builder Andrew Baker, getting to the finish line with his company’s first tax credit project as a developer has required hope, prayer - and federal credit exchange funds.
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Date Published: 03/10/2010
Tags: Tax Credits, LIHTC
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