Mark Fogarty Author Archives

While for-profit and nonprofit affordable housing developers can have different approaches to tax credit projects, there is one thing they generally agree on—the need for high-quality resident services for their populations.

It would make a good story if someone who moves into the renovated Upper Post Flats at historic Fort Snelling in Minneapolis had lived in those barracks on active-duty decades ago.

DC Bond Deal Takes Advantage of Inverted Yield Curve

Detroit Eyesore to Become 433 Units of Housing in Adaptive Reuse

New models of employer-assisted housing are emerging, as exemplified by the Amazon Housing Equity Fund’s investments in developing housing near its major employment hubs, in Seattle, Nashville and Arlington, VA to give access to quality affordable and workforce housing.

The “Alta” in the Alta Verde Workforce development in Breckenridge, CO, means “high.”

It was while visiting a low-income high rise in New York City’s Lower East Side neighborhood 20 years ago that I got the thought that some affordable housing towers are secular cathedrals.

Ablett Village is a Camden, NJ public housing project that dates way back. In fact, it has roots in both World Wars, named after a local soldier who died in World War I and used, on its completion in 1943, as housing for World War II war effort workers.

Jonathan Rose Companies is making a major push to preserve affordable housing in Chicago, acquiring hundreds of units in recent months, some financed by Low Income Housing Tax Credits, in an effort to create “Communities of Opportunity,” in these renovated properties.

Martin Luther King’s dream is continually being reinvented, enduringly so in California, where Dr. King’s assassination in 1968 spurred an ecumenical group of clergy and laymen in the Golden State’s Marin County to begin a project to build affordable housing that has continued to this day.

The Danube Apartments are a keeper.

Low Income Housing Tax Credit projects are always looking to make an impact. A four percent project in northeast Oregon underway is seeking to make a huge impact – to put a big dent into the affordable housing need in its area.