Texas Association of Local Housing Finance Agencies
March 08, 2019
MFE: A Rapidly Growing Population: Boomer Renters
A recent report by RENTCafe indicates that Americans over the age of 60 are now the fastest-growing group of renters.
By Scott Sowers
The notion of empty nesters selling out and moving to a retirement community may have a key detail wrong – many of them will be paying rent, not some version of a reverse mortgage. According to a recent study by RENTCafe, the number of renters over the age of 60 grew by 43% in the last decade. It’s expected that by the year 2035 seniors will account for one third of the U.S. rental market and become the second largest group of renter households.The rest of the story...
February 22, 2019
AHF: FHA Expands Scope of LIHTC Pilot Program
The program will include Secs. 221(d)(4) and 220 deals.
The Federal Housing Administration (FHA) is expanding its Low-Income Housing Tax Credit (LIHTC) Pilot Program to include new construction and substantial rehabilitation deals under the Secs. 221(d)(4) and 220 programs. The rest of the story...
February 19, 2019
AHF: Prices Expected to Hold Firm
Syndicators discuss 2019 outlook, issues to watch.
By Donna Kimura
After a year of tough adjustments, low-income housing tax credit (LIHTC) prices will likely remain flat in the first half of 2019, according to a strong majority of syndicators surveyed by Affordable Housing Finance. The rest of the story...
January 10, 2019
AHF: A New Tool for Housing
Industry players embrace Opportunity Zone incentive.
Out of the 2017 Tax Cuts and Jobs Act came a new community development tool aimed at spurring investment in low-income neighborhoods.
With high hopes, many in the affordable housing and community development industry are exploring how to turn an idea into reality by utilizing this resource to benefit the communities where they already work and the people who live there.The rest of the story...
January 11, 2019
MFE: Affordable Housing Wins Big at Polls
Voters approve measures in California, Florida, North Carolina, Oregon, and Texas.
Christine Serlin, Donna Kimura
While Republicans held the majority in the Senate and Democrats took the House during the mid-term elections, one big winner
for both parties at the polls was affordable housing. From propositions to bond measures on the state and local levels, voters said yes to addressing the affordability crisis. The rest of the story...
January 19, 2019
Novogradac: Significant Interest, Variety of Issues Raised During IRS OZ Hearing
Any question about the level of interest in proposed Internal Revenue Service (IRS) regulations concerning the opportunity zones (OZ) incentive was answered last Thursday. The rest of the story...
January 28, 2019
Novogradac: How Qualified Action Plans can be used to Increase LIHTC Development in Areas of Opportunity
In the affordable housing community, the concept of opportunity areas has drawn increasing interest and consideration, particularly in recent research. For housing advocates, understanding what constitutes a high opportunity area and how living there can benefit low-income residents will inform decisions on where to locate affordable rental housing so that the best possible outcomes are realized by residents. The rest of the story...
February 6, 2019
CohnReznick: The 116th Congress - Checking off Support for Affordable Housing
Expectations are high within the Affordable Housing industry that we will see a real push for increased resources from the 116th Congress. Whether we accomplish that goal this year or next, the momentum we build in 2019 will certainly benefit us all in this Session. The rest of the story...