Jonathan Rose Companies is making a major push to preserve affordable housing in Chicago, acquiring hundreds of units in recent months, some financed by Low Income Housing Tax Credits, in an effort to create “Communities of Opportunity,” in these renovated properties.
Martin Luther King’s dream is continually being reinvented, enduringly so in California, where Dr. King’s assassination in 1968 spurred an ecumenical group of clergy and laymen in the Golden State’s Marin County to begin a project to build affordable housing that has continued to this day.
As the homeless crisis deepens throughout the United States—particularly on the West Coast—affordable housing developers are increasingly partnering with social service providers to offer permanent supportive housing to homeless people and other vulnerable populations.
The IRS has published the long-awaited revisions to its average income test regulations for the Low Income Housing Tax Credit.
The Bipartisan Infrastructure Law (BIL) provided $3.5 billion for the Weatherization Assistance Program (WAP); a ten-times increase that is to be spent in the next five years.
The Danube Apartments are a keeper.