Jessica Hoefer Author Archives

X-Caliber Capital published a whitepaper that delves into the substantial tax advantages of the Inflation Reduction Act (IRA) for multifamily property owners.

The Biden-Harris administration announced new actions to boost housing supply and lower housing costs, including an indefinite expansion of the Federal Financing Bank (FFB) Risk-Sharing program.

The California Tax Credit Allocation Committee (CTCAC) published proposed regulation changes with initial statement of reasons.

CREA successfully closed $1.35 billion of total equity, contributing to the creation of 7,316 affordable homes within 79 communities and 26 states.

Public housing in the U.S. dates back to the Housing Act of 1937 when Congress created local housing authorities to build public housing for millions who were struggling after the Great Depression.

HUD published a revised HOTMA Implementation Notice (Notice H 2023-10) that now includes information to address the asset limitation found in Section 104 of the Housing Opportunity Through Modernization Act of 2016.

Oregon Housing and Community Services’ Agriculture Workforce Housing Tax Credit (AWHTC) is designed to provide a state income tax credit to those who construct, install, acquire or rehabilitate agriculture workforce housing.

The Internal Revenue Service (IRS) issued updated guidance for completing Form 8823, the form used by State and Local LIHTC agencies to notify the IRS in the event of noncompliance or building disposition.

JLL Capital Markets announced that Senior Directors Rasto Gallo and Mike Klaskin have joined the firm’s national affordable housing investment sales advisory team, where they will support JLL’s efforts nationwide in the execution of affordable housing transactions with a focus on the Midwest.

The 2024 Novogradac Journal of Tax Credits Awards recognize excellence in affordable housing, historic preservation and community development.

Merchants Capital’s Washington, DC office announced it has secured more than $86.2 million in Freddie Mac four percent Low Income Housing Tax Credit Tax-Exempt Loan (TEL) Forwards for the construction of Juniper Square, a senior living community, and 67 Flats, a family housing development, both to be constructed in Glendale, AZ.

Housing Colorado’s Eagle Awardees will be honored at an Awards Ceremony on May 30.