Tax Credits

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The People of Multifamily vs. the Mortgage Interest Deduction

Any conversation about MID reform should start with a scalpel, not an ax. More

What’s at Stake for the Industry in Tax Reform?

Tax reform will dominate Capitol Hill debate this year. More

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Shuttered, Not Shattered: Historic Seattle Hotel Gets a Facelift

The former Publix Hotel will be renovated into market-rate housing for $26 million after sitting vacant for years. More

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Supreme Court to Hear LIHTC Case

The Supreme Court has agreed to hear a much-anticipated case involving the low-income housing tax credit (LIHTC) program in Texas. A lawsuit filed by the Inclusive Communities Project claimed that the Texas Department of Housing and Community Affairs discriminated based on race by disproportionately approving LIHTC developments in predominantly minority neighborhoods and disproportionately denying LIHTC developments in predominantly Caucasian neighborhoods. More

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Historic Tax Credits Keep Des Moines, Iowa, Hotel in Limbo

The fallout from a federal court ruling on the use of historic tax credits has scared off some investors and put projects like the Hotel Randolph in Des Moines in limbo, developers say. More

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Rehabbed New Deal–Era Building Helps Revive Shenandoah Valley Town

Parkway 301, once the birthplace of the Blue Ridge Parkway, had fallen into disuse until an urban-renewal spirit sweeping the nation came to downtown Roanoke, Va. More

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LIHTC-financed Micro-unit Building Under Way in Chicago

While much of the discussion about micro units has centered on young professionals, developers and architects behind a new micro-unit community in Chicago’s West Loop are instead targeting low-income renters. More

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Seniors Tower Undergoes Renovation

An 11-story affordable housing development for seniors in Norwalk, Calif., has undergone a $12 million renovation. More

Ken Bacon, Ex-Fannie Execs, Form Apartment Investment Firm

Four former Fannie Mae executives announce the start of a new multifamily investment company. More

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LIHTC Survives Tax Reform Draft; Big Changes Proposed

The affordable housing industry reacts to Rep. Camp's much-anticipated tax reform draft, which preserves the LIHTC but introduces major changes, and even eliminates, other vital multifamily programs. More

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