Tax Credit Advisor Article Archives

As MassHousing works to commit the balance of a literally groundbreaking $100 million project to create workforce housing, the agency is already planning for its Workforce Housing Initiative 2.0.

Like most resort areas where local property is bought up by wealthy patrons from all over, particularly ski resorts where usable land is severely restricted by mountains and rugged terrain and stormy weather makes long commutes impractical, Keystone, CO has a severe problem with affordable and workforce housing.

The second set of proposed regulations (the “Proposed Regulations”) released by the IRS with respect to the Opportunity Zone (OZones) program on April 16, 2019 is extremely helpful, generally taxpayer friendly and provides investors with sufficient guidance to close transactions without waiting for a third round of regulations.

Since joining FHA as a senior advisor in February 2001, Toon has worked closely with many senior political appointees and executive management in developing and executing major policy initiatives.

When it comes to housing, along with other industries, New Jersey is a spillover market – it receives many of the people priced out of New York City.

Income averaging can be a considerable help in increasing the number of workforce housing units available to those who don’t qualify for subsidies and cannot afford market rates.

As Michael Milken discovered, one can rue forever giving a good idea the wrong name, for even if it does not sour the public, the wrong name sends the innovators chasing the wrong direction and solving the wrong problem.

Big U.S. companies have a history of providing housing for their employees, especially when operating in housing-scarce markets. During the Gilded Age, giant corporations effectively doubled as city builders for their workers.

In the summer following my freshman year at college, I had the privilege of interning in an over-the-counter trading room on Wall Street.

The lack of supply of affordable housing for individuals and families making less than 60 percent of area median income is a persistent problem that spans every county in the country.