New Jazz: Housing Authority Utilizing Public Housing Development Funds in New Markets Project

By Caitlin Jones
September 27, 2011 1 min read

New Jazz: Housing Authority Utilizing Public Housing Development Funds in New Markets Project

By Caitlin Jones
September 27, 2011 0 min read

Tax Credit Advisor, September 2011: A housing authority in Western Illinois is developing a mixed-use new markets tax credit (NMTC) project in a pioneering transaction that could serve as a model for others.

The project, Jazz@Walter Circle, broke ground on April 27, 2011, and was described by speakers at the National Housing & Rehabilitation Association’s recent 2011 Summer New Markets Tax Credit Symposium. It was noted that the transaction marked the first time that federal public housing development funds have been used to finance affordable housing in a NMTC development. Read More…

NH&RA Presenting Sponsor

Taxpayer Donations Bolster Affordable Housing

Minnesota State Housing Tax Credit Program and Contribution Fund

Pamela Martineau • April 1, 2024 8 min read

Minnesotans hoping to bolster the state’s affordable housing stock may donate to affordable housing projects, requesting to have their donation allocated to a specific project or a general affordable housing fund and receive a tax credit of 85 percent of their donation through a new state program.

New Program Facilitates Land Purchasing for Affordable Housing

Colorado’s Land Banking Program

Nushin Huq • April 1, 2024 9 min read

A new land banking program in Colorado aims to help developers purchase land for affordable housing, solving the unique problem of not having tax credits to purchase land, as well as creating access to development in rural areas.

Breaking Ground

Will Eckstein, Senior Vice President, Harmony Housing Affordable Development

Darryl Hicks • April 1, 2024 8 min read

For much of the past 14 years, Will Eckstein has led the team responsible for securing new affordable housing development opportunities at Greystone Affordable Development,. Tax Credit Advisor sat down with Eckstein to learn more about HHAD and his priorities for the balance of 2024.