Market Analysis

ISSUE DATE: June 7, 2021 RESPONSE DEADLINE: June 28, 2021, 5:00 PM Eastern Time CONTRACT TO BEGIN: August 1, 2021 The Indiana Housing and Community Development Authority (“IHCDA”) is requesting proposals to select a market study analyst to review market studies submitted to IHCDA and conduct third-party market studies on behalf of IHCDA, on an […]

The California Housing Partnership recently launched its Housing Needs Dashboard, a new online data tool to discover and compare housing data for every California county and the state overall

The Indiana Housing and Community Development Authority (IHCDA) instructed all market analysts, capital needs assessors and appraisers performing work for developments funded by IHCDA or applying for funding through IHCDA to cease site visits, fieldwork and onsite inspections until further notice.

Market study analysts may encounter hindrances to completing work, particularly related to field work and accessing market information. If circumstances restrict analysts’ ability to complete a market study, Minnesota Housing suggests the following alternatives for information-gathering:

The Executive Committee of the National Council of Housing Market Analysts developed a memo on COVID-19’s Impact on Field Work for Market Studies, given the challenges of completing real estate analysis including site inspections during the current environment with office closures and travel restrictions.

The Alabama Housing Finance Authority (AHFA) will hold a public hearing at 9:30 am CT on December 17 on its Five-Year Consolidated Plan for Program Years 2020-2024 for the Community Development Block Grant program (CDBG), the Emergency Solutions Grants program (ESG), the Housing Opportunities for Persons with AIDS program (HOPWA), the Home Investment Partnerships program (HOME) and the Housing Trust Fund program (HTF). The hearing will also cover the Program Year 2020 One-Year Annual Action Plans for the CDBG, ESG, HOPWA, HOME and HTF programs. The meeting will take place at the Alabama Center for Commerce, 7th Floor Auditorium, 401 Adams Avenue, Montgomery, AL 36104. Immediately following the conclusion of the Plans’ public hearing, representatives from ADECA and Western Economic Services, LLC of Portland, OR, will conduct a public meeting on the State of Alabama’s 2019-2020 Analysis of Impediments to Fair Housing Choice.

The Supreme Court of Georgia decided in Heron Lake II Apartments, LP et al. v. Lowndes County Board of Tax Assessors that LIHTCs do no constitute “actual income.” The decision centers around the argument that investors do not receive more money from anyone for tax credits rather, they merely pay less in taxes to the […]

The Connecticut Housing Finance Authority (CHFA) is requesting qualifications for Appraisers and Market Study Analysts. Submissions should be submitted no later than noon EDT on October 11, 2019 electronically to RFP.RFQ@chfa.org and one original copy delivered to: CHFA Attn:  Shelly Mondo 999 West Street Rocky Hill, CT  06067-4005

The National Council of Housing Market Analysts (NCHMA) sent comments and recommendations to HUD as it updates Chapter 7 of the Multifamily Accelerated Processing (MAP) Guide Market Study Guidelines.

The Affordable Housing Investors Council (AHIC) has published updated Underwriting Guidelines for its members.  The Guidelines are designed to be used as an outline for an underwriting process and for investment documents for proprietary, multi-investor, and direct investments in low-income housing tax credits (LIHTC). They examine how to analyze the financial strength and expertise of […]

On September 18, the U.S. Government Accountability Office (GAO) published a new report “LOW-INCOME HOUSING TAX CREDIT: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management.”

In the leadership message, director of PD&R’s Housing and Demographic Analysis Division Shawn Bucholtz discusses the release of the 2017 American Housing Survey (AHS) data.