All posts by Mark Fogarty

You must be a subscriber to Tax Credit Advisor to view this content. Learn more or log in if you’re already a subscriber.

Workforce Housing 2.0

As MassHousing works to commit the balance of a literally groundbreaking $100 million project to create workforce housing, the agency is already planning for its Workforce Housing Initiative 2.0.

Read More

Beginning Betances

There’s no question that the 40 buildings in the Betances Portfolio in the Bronx borough of New York City can benefit from substantial rehabilitation. After all, the earliest of these Betances multifamily properties was constructed in 1906.

Read More

Portland

A program to match real estate development with area transit lines in Portland, OR increasingly is targeting affordable housing after regional government found low-income residents ride metro area trains and buses more than other groups do.

Read More

Detroit

An ambitious Detroit program to preserve 10,000 existing affordable multifamily units and build 2,000 new ones is moving quickly to prevent the potential 15-year opt-out of a large number of Low Income Housing Tax Credit projects and sustain affordability in the Motor City.

Read More

Making Healthcare Convenient

There’s plenty of data to indicate Maryland’s Health Enterprise Zones (HEZ) have been successful in their goal of reducing health disparities for racial and ethnic minorities and reducing healthcare costs in the state.

Read More

CORES Certifies Resident Service Operations

A new certification not only indicates that an affordable housing owner/manager has a coordinated and robust resident services operation but also that it can help them qualify for an up to 30 basis point discount on a multifamily affordable housing loan from Fannie Mae.

Read More

Case Study: Capital Vista and Delta Towers

Innovation in deals using both Low Income Housing Tax Credits and tax-exempt bonds can be seen in a pair of Washington, DC affordable housing projects that tapped the two funding sources for more than $80 million using a new master parity indenture program.

Read More