By Thom Amdur
Over the past five decades, the affordable housing delivery system has evolved to meet the changing needs of low-income Americans, the waxing and waning of political will and ideologies and constantly evolving financial and housing market conditions.
Because life makes sense only in retrospect, we’re seldom aware in the moment that someone else’s action can change our lives forever. Nor will your benefactor know, then or after, just how seminal his or her small action was, and somehow, you’ve never thanked those who helped you.
As we reflect back over the past 50 years and recognize some of our most prominent and supportive members in the National Housing & Rehabilitation Association, The Wingate Companies (founding members of NH&RA) needs to be on that list.
As the National Housing & Rehabilitation Association celebrates its 50th Anniversary in 2022, I find myself celebrating a shorter but still momentous anniversary. I joined Tax Credit Advisor’s editorial team seven years ago this month, which, fortuitously, coincides with my officially taking over as Editor-in-Chief of the magazine.
The new year always brings new hopes and the potential for a fresh start. I try to be a glass half full kind of guy, but it’s tough as we slog through the third winter of the global pandemic.
Navigating rising construction costs is currently a primary concern of all NH&RA members—and fittingly the focus of this issue.
For several decades, U.S. cities have been building extensive light rail and bus rapid transit networks. In recent years, such expansions have included intentional plans to promote development around lines, implementing a strategy known as transit-oriented development (TOD).