All posts by Mark Olshaker

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NMTC Case Study: A Community of Investors

The question is: Why would a successful, experienced developer that relatively easily could have raised the $7.2 million needed to build a mixed-use Opportunity Zone project in northwest Philadelphia from a small number of well-heeled investors, instead go for a complex financing structure involving investments as small as $500?

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The Cost of Regulations

These comments were offered by Steven E. Lawson, chairman of The Lawson Companies, on behalf of the National Association of Home Builders at a September 6 hearing of the Housing and Insurance Subcommittee of the House of Representatives Financial Services Committee.

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NH&RA 2018 Vision Awards

Each year since 2004, NH&RA has bestowed its Affordable Housing Vision Award to affordable housing and community development leaders who have made significant and valuable contributions to the field and demonstrated years of leadership, commitment and imagination.

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Modular Makes Its Mark

More than a half century ago, in what would become the major theme exhibition for the 1967 Montreal World Exposition, Israeli-Canadian architect Moshe Safdie created a 12-story urban neighborhood on the bank of the Saint Lawrence River out of modular, precast concrete blocks lifted into place by cranes.

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Mass. Supremes Uphold Right of First Refusal

The Federal Low Income Housing Tax Credit statute provides that after the decade in which all tax credits have been claimed, and the 15-year compliance period in which they are no longer subject to recapture, the nonprofit partner generally has the right of first refusal to buy the property at a favorable price when an offer is made by a third-party.

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Storm Warnings

Back in the 1990s, I was hired to write an IMAX film entitled Stormchasers, about the men and women who pursue and study “big weather.”

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