All posts by Nushin Huq

William “Bill” MacRostie, founder of MacRostie Historic Advisors and an expert in Historic Tax Credits (HTC), has advised clients working on historic rehabilitation projects regarding everything from homes to ballparks.

As Alliant Capital’s executive vice president, Dudley Benoit oversees the company’s Low Income Housing Tax Credit production teams, originations and investor relations.

As an influx of federal dollars are expected for affordable housing, state housing finance agencies (HFAs) plan to use the money not only to increase existing programs, but in some cases, see this as a historic opportunity to make significant changes.

Low-income housing property managers are plowing through a backlog of maintenance work and resuming unit inspections to prepare for the return of in-person inspections by The Real Estate Assessment Center, or REAC, at the Department of Housing and Urban Development in June.

To prevent the spread of COVID-19, people were told to spread out, but the pandemic’s impact on affordable housing design might have been to accelerate the use of tighter energy efficient design plans.

The Consolidated Appropriations Act of 2021, the year-end legislative package passed by the previous Congress, provided big wins for affordable housing, such as the four percent Low Income Housing Tax Credit (LIHTC) floor, but it also created some gray areas that will require further guidance.