In 2021, new guidance was issued by the Department of Housing and Urban Development that allowed Public Housing Authorities (PHAs) much-enhanced structure for mixed financing methods to expand their overall supply of units.
By the time the Low Income Housing Tax Credit (LIHTC) was rolled out as part of the 1986 Tax Reform Act, The Enterprise Foundation was already in a position to become a mission-driven leader in the fledgling LIHTC industry.
In the nearly four decades since its creation, the Low Income Housing Tax Credit (LIHTC) has become a critical engine for creating affordable multifamily housing in the United States.
Over the last two decades, a workforce housing shift has occurred in the many resort towns and communities across the United States.
When the Low Income Housing Tax Credit program was created in 1986, it was a far cry from the robust development engine it is today.
Today’s solar power systems are cheaper to build and more efficient than ever.
By all metrics, affordable housing remains challenging to produce.
For nearly four decades, the Low Income Housing Tax Credit has fueled much of America’s affordable housing construction.
The U.S. Department of Housing and Urban Development (HUD) recently opened applications for its new Green and Resilient Retrofit Program (GRRP), a multi-billion-dollar initiative meant for deep green improvements to certain HUD contract properties.
In theory, building codes, zoning and urban planning make up the engine that drives municipal growth. Born from progressive-minded responses to early 20th-century public health crises, the first wave of these defined zoning codes was passed starting around 1908.
Today’s cities generally emphasize cohesion and citywide vibrancy, and many municipalities are focused on the creation of mixed-income communities.
For at least the last decade, managers of market-rate multifamily units have widely incorporated technology into their properties.