Affordable Housing in the New England Region: A New Special Report
Development Opportunities & Allocation Outlook
Multifamily housing developers, community organizations, investors, and lenders interested in affordable rental housing in New England have a new resource available that provides a comprehensive overview of current opportunities. A special report entitled “A Variety of Approaches: New England State Agencies Differ in Needs, Priorities in Their Housing Credit Programs” reviews recent and current tax credit allocation activity, project trends, and state priorities in the New England states –Connecticut, New Hampshire, Maine, Massachusetts, Rhode Island, and Vermont.
The report is available, free of charge, from the National Housing & Rehabilitation Association (NH&RA), a Washington, DC-based trade association of affordable housing professionals, and Tax Credit Advisor magazine. “Developing affordable housing is an information-intensive and relationship-driven enterprise,” explains Peter Bell, NH&RA’s President & CEO. “For over 40 years now, our organization has brought together real estate developers, state and local officials, executives from nonprofit community organizations, lenders and investors to explore opportunities, share perspectives on policy matters, discuss the latest financing techniques and figure out how to most effectively build and operate affordable housing.”
The special report was prepared for NH&RA by the editorial staff of Tax Credit Advisor, a monthly magazine covering the affordable housing industry, to provide an informational backdrop for the discussion that will take place at 2013 NH&RA Fall Forum. The report covers recent allocation and development activity, agency priorities, anticipated changes to 2014 state allocation plans for tax credits, and which types of projects are most likely to be successful in obtaining low income housing tax credits.
“This report explores up to the minute market and policy trends impacting affordable housing development across New England,” notes Thom Amdur, NH&RA’s Executive Director. “The report was designed as a service to our members as they explore development opportunities in 2014 and beyond.”
Anyone who wishes to obtain a complimentary copy can download the report at bit.ly/NERPT.
The 2013 NH&RA Fall Developers Forum will be held at the Langham Hotel in Boston, Massachusetts, on November 13-14. A multidisciplinary audience of housing interests will participate in a series of panel discussions, workshops, and networking activities designed to provide updates on state of the art financing, useful programs, green building. In conjunction with the Forum, NH&RA will honor two local luminaries with the Association’s Affordable Housing Vision Awards at an evening ceremony on November 13. This year’s honorees awardees are Jack Manning, co-founder, president and CEO of Boston Capital Corporation and Vincent O’Donnell, Former Vice President Affordable Housing Programs at the Local Initiatives Support Corporation. Additionally, NH&RA will also present its 2013 J. Timothy Anderson Awards for Excellence in Affordable Historic Rehabilitation at a luncheon event hosted at the Langham Hotel on November 14. Additional information about the 2013 NH&RA Fall Forum and Awards can be found at www.housingonline.com/events.aspx.
Since 1971, National Housing & Rehabilitation Association (NH&RA) has been convening the most sophisticated participants in the affordable housing sector in an ongoing series of “idea exchanges” on how to serve the communities in which we work most effectively. Participants include, first and foremost, affordable housing developers, as well as equity investors, tax credit syndicators, lenders, bond underwriters, investment bankers, construction executives, representatives from nonprofit organizations, state and local officials. Known for the depth and quality of the content presented at our events, NH&RA members credit the success of many of their ventures to information and relationships obtained by participating in our quarterly forums. For more information about NH&RA please visit our website at www.housingonline.com or contact Thom Amdur, 202-939-1753, firstname.lastname@example.org.