Tax Credit Advisor Article Archives

The year 1962 saw the opening of the two most exhilarating architectural symbols of the dawning jet age: Dulles International Airport, serving Washington, DC in Chantilly, VA, and the Trans World Airlines Flight Center at Idlewild (now John F. Kennedy) Airport in Queens, NY.

Headquartered in the Kansas City suburb of Overland Park, KS, Cohen-Esrey has evolved over its 24-year history from being a small property manager to one of the Midwest’s largest real estate firms focused on historic rehabilitation and affordable housing development.

Tax credit pricing has taken a hit, but not a mortal one, with the new 21 percent corporate tax rate, according to investors atttending a recent affordable housing summit held by market analysts.

Memphis and Nashville are viewed as the two prominent cities of Tennessee. But their realities, both at street level and in statistics, are very different.

Today the Guru turns 100.

The rise in home costs has led to some creative solutions and workarounds by city governments to reduce prices.

Despite the dire rumors that hung like a dark cloud over the federal tax and budget negotiation processes for the past year, the Consolidated Appropriations Act of 2018, also known as the Omnibus Spending Bill, that emerged contains aspects that can have a positive impact on the affordable housing industry.

In the years of my youth, air travel was an occasion. The men dressed in suits and ties, the women in dresses, good meals were served with the elegance of a four-star restaurant and the rows of seats were comfortable.

This has been a remarkable few months in Washington. Our broken legislative process once again leaned us over the edge of the budget precipice.

State tax credit allocators had a glass-half-empty message for housing market analysts at their recent affordable housing summit. But in describing their current robust allocation rounds, the glass seemed half full as well.