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Controlling LIHTC Property Taxes
When it comes to property tax considerations for affordable housing, one expert summed it up well.
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Tax Credit Attorneys Discuss Strategy for OvercomingEligibility Issues
This article details an often overlooked solution for developers who are facing difficulty satisfying eligibility requirements because of construction or lease-up delays on multiple building projects financed with low-income housing tax credits (LIHTCs).
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Struggling to Close
LANSING, MICH.— Keith Molin thinks investors in low-income housing tax credits (LIHTCs) should take a good look at his state.
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Supportive Housing Hit Hard
The economic downturn is taking a toll on some of the people who need resources and housing the most. Funds and investors are taking to the sidelines, and special-needs projects are being put on hold, in some cases for an unknown amount of time.
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Struggling to Close
LANSING, MICH.—Keith Molin thinks investors in low-income housing tax credits (LIHTCs) should take a good look at his state.
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Keeping the Faith
DENVER—This is how many aff ordable housing units Mercy Housing owns: 14,515. This is how many units Mercy has in some phase of development: 5,400. And this is how many Mercy wants to participate in over the next fi ve years: 65,000.
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Pop Quiz
Artspace creates and fosters affordable space for artists and arts organizations. That mission includes building some of the most creative affordable housing developments around.
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One Bryant Park
One Bryant Park, located just a block from Times Square on 42nd Street and Sixth Avenue, is scheduled to be the first LEED Platinum–certified skyscraper in the United States. Designed to house the New York offices of Bank of America (BoA), the building aspires to be a landmark, both for its...
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How to Survive Tough Times
The stakes are raised this year for affordable housing developers.
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Breaking Ground
NEW ORLEANS—While a marching band played ragtime and former residents cheered, New Orleans Mayor Ray Nagin cut the ribbon to open 30 rebuilt seniors apartments at Wisdom Manor in January.