Reading the Election Tsunami: GOP Rise Clouds Landscape for Housing

By Caitlin Jones
December 13, 2010 1 min read

Tax Credit Advisor, December 2010: The Republican takeover of the U.S. House of Representatives in the mid-term elections creates more questions than answers regarding what Congress might do regarding affordable housing and community development issues going forward.

Industry officials expressed hope for passage of key housing-related legislation either in the lame-duck session or in the new, 112th Congress that convenes in January. Congress returned to Washington on November 15 for the start of the lame-duck session; will break for Thanksgiving; and will reconvene on November 29 to wrap up business.

Republicans will have a substantial majority control in the House next year, while Democrats retain a narrowed edge in the Senate. The GOP also picked up a number of gubernatorial seats and made big gains in state legislatures. A party switch in the governor’s mansion can lead to change in the leadership of the state housing finance agency. Read More…

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.