All posts by Scott Beyer

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The Republican Housing Plan? Localism.

Conservatives often find themselves with two conflicting impulses on housing. They support open markets and property rights and are thus sympathetic to the cause of weakening zoning laws and encouraging construction of different building types.

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Housing USA: Some Fixes for Section 8

Housing is expensive in America, and this creates hardship for low-income renters. It also makes life difficult for landlords, particularly smaller-scale ones: high housing costs discourage long-term leases. While the best answer for these high costs is to increase supply, there is still a need for subsidies.

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Housing USA: Hotel California No More?

California is famous for its low-budget lodging. I stayed in some while traveling the state – little hotels and motels on the roadside that, mixed with the palm trees and desert backdrop, had a noirish feel. They’re a part of California lore, even profiled in that infamous Eagles song.

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Housing USA: Virtual Leasing Is Here to Stay

The sudden rise of Coronavirus—and the subsequent four-month shutdown of society—sped up certain technology shifts. Digital communications like Zoom, Skype and Amazon were already bringing disruption to work, education, shopping, medical provision and more.

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Housing USA: Stretching the Private Activity Bond Cap

When it comes to allocation of Low Income Housing Tax Credits and complementing Private Activity Bonds (PAB), there’s only so much to go around. The IRS distributes both forms of financing to states based on population; as noted by the Affordable Housing Finance website, the 2020 LIHTC allocation “will be the greater of $2.8125 multiplied by the state population, or the small state minimum of $3,217,500. For private-activity bonds, the amount used to calculate the volume cap will remain $105 multiplied by the state population. The state minimum will be $321,775,000.”

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Fannie Mae M.TEB: Hilltop Apartments

The Hilltop Apartments was a previously market-rate rental apartment project that sits near the eastern city limits of Washington, DC, in the Deanwood neighborhood. Built in the 1960s, it had become a run-down project within a gentrifying area, and the natural market direction might have been to demolish it and build new market-rate housing that commanded higher rents.

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