Tax Credit Advisor Article Archives

The National Council of State Housing Agencies (NCSHA) recently finalized updates to its Recommended Practices in Housing Credit Administration (RPs or Recommended Practices).

Across America, the anti-exclusionary zoning rebellion is in full swing, and like many localized revolutions, it takes revolutionary thinking – like rediscovering the asset class that built 19th-century urban America, which over the last 50 years has become a capital backwater: the family storefront dwelling.

Since the Briscoe School in Beverly, MA was a functioning educational facility as recently as 2018, it is likely that at least some of the seniors soon to be living in its adaptive reuse as housing will have memories of learning the Three Rs there (reading, wRiting and aRithmetic).

For those in affordable housing considering their legacies, there is the example of Philip Freelon to consider.

As skyrocketing construction costs and increasing interest rates have driven the need for more capital, affordable housing developers are expressing an increased interest in the master lease pass-through structure in deals involving a combination of Low Income Housing Tax Credits (LIHTC) and Historic Tax Credits (HTC).

At the close of 2023, it’s a certainty that the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are catalyzing a huge uptick in clean energy projects across the United States.

Tony Bertoldi has devoted nearly three decades to the affordable housing business and currently serves as co-president at CREA, LLC, a national Low Income Housing Tax Credit syndicator, where he and his team manage all investment funds and investor relationships.

Many types of tax credits exist, but there are a few that stand out.

An initiative by the National Council of State Housing Agencies (NCSHA) aims to expand the financing of affordable housing by creating partnerships between state financing agencies and healthcare systems.

Charles Dickens’ character Scrooge defined British attitudes towards housing the poor in the 19th century with a dismissive “Are there no prisons? Are there no workhouses?”

There’s a brave new world of opportunities for “green” multifamily affordable housing renovation and development coming with the ever-quickening ascendancy of green buildings.

Historic Tax Credit (HTC) advocates are hopeful fiscal year (FY) 2024 spending will be resolved to clear the path forward for a possible year-end tax bill.