All posts by Scott Beyer

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Innovative Construction

In recent years, the rising cost of traditional construction—we’re looking at you, lumber—has pushed some affordable housing producers to explore modular options.

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Buy or Sell?

Odd as it sounds given the events, the U.S. property market had a banner year in 2020, and its upward streak continues. The Case-Shiller National Home Price Index, which measures single-family home prices, is up 12 percent since February 2020.

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Are Builders Getting Bang for the Buck?

Energy efficient construction (EEC) is a focus area for cities and states as they move to reduce carbon emissions – after all, current buildings account for nearly 40 percent of such pollution. In many jurisdictions, developers—and consumers, to whom costs are passed down—must contend with building code changes that call for more EEC.

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Igniting Diversity, Equity and Inclusion

In early March, NH&RA held its annual meeting, a three-day symposium on all things housing, finance and tax credits. As part of the meeting and ongoing efforts in the industry, the meeting included discussion of diversity, equity and inclusion (DEI). Vincent R. Brown, a Cincinnati-based consultant who coaches companies and nonprofits on DEI strategies, delivered a keynote address. This topic is salient, not only with stories dominating the news but also as an ongoing issue in the affordable housing industry and the communities they serve.

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Housing USA: Net-Zero Mandates: Worth the Cost?

Encouraging net-zero home construction is an increasingly common tool cities and states seek to reduce their carbon footprints. Buildings account for a substantial share of carbon emissions in many cities and the U.S. in general. Accordingly, several jurisdictions have introduced requirements and incentives for increasing net-zero construction, focusing on residential development. An Urban Land Institute-affiliated consortium of developers, for example, has committed to bring half of their projects to net-zero compliance by 2030.

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To Deduct Interest or Depreciation?

The Tax Cuts and Jobs Act of 2017 (TCJA) changed some guidelines for housing. As I noted in the Housing USA column in this issue, it capped the state and local tax (SALT) deduction at $10,000, and limited the deduction on mortgage debt interest, two measures that mostly impacted wealthy homeowners.

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Housing USA: A Connection Between SALT Caps & Home Affordability?

In 2017, Congress passed the Tax Cuts and Jobs Act (TCJA), the signature tax reform of former President Donald Trump. The law lowered income tax rates, reduced households subject to the estate tax, and generally decreased the burden that various interest groups must pay, using different tweaks and carveouts. 

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