Posts by Alison Fossyl
Affordable Housing Developers: Key Updates About State Pass-Through Entity Tax Elections
At a glance Schedule a consultation with Aprio The full story: The tax world has been buzzing about pass-through entity (PTE) taxes recently. More than 30 states across the country have enacted PTE taxes, and they all have their own interpretations of eligibility as well as separate deadlines. What should affordable housing developers know about…
Read MoreHow Affordable Housing Developers Can Mitigate Ransomware Threats
At a glance Schedule a consultation with Aprio today The full story: Ransomware continues to be one of the fastest-growing threats in the security space, and the landscape is changing quickly and drastically. Though all organizations are at risk of falling prey to attackers, the affordable housing sector is one of the most vulnerable. That’s…
Read MoreAs the Affordable Housing Sector Grows, More Female Leaders Are Entering Leadership Roles
At a glance Schedule a consultation with Aprio today The full story: In the United States, women make up almost 50% of the workforce and are the primary or sole breadwinners in 40% of families.[1] Globally speaking, the portion of women in senior management positions is also increasing steadily — according to the Fortune Global…
Read More3 Key Succession Planning Steps for Affordable Housing Developers
At a glance Fill the gap: Many affordable housing developers don’t have succession plans that can ensure the continuity of the business after the owner has left. Appeal to investors: Affordable housing investors often pass on deals for companies that don’t have succession plans in place. Since succession plans often unfold over several years, development…
Read MoreAffordable Housing Advisory Services
Top 4 Trends in Affordable Housing for 2022
At a glance Schedule a consultation with our team today. The full story Affordable housing has already endured several major shifts since the onset of the COVID-19 pandemic. Case in point: in order to respond to the growing number of cases, many developers have shifted to virtual property tours, a convenient service that is expected…
Read MoreLoans at 3%? GARJA Helps Rural Georgia Businesses Borrow at Low Rates
There’s great news for small and medium-size business owners in rural Georgia: the recently passed Georgia Agribusiness and Rural Jobs Act (GARJA) opens up new access to low-interest loans to grow businesses and create jobs. The terms are attractive. Businesses can borrow as much as $6.5 million at rates as low as 3 percent to…
Read MoreAtlanta’s DomestiCITY Wants to Make Affordable Housing Attractive for Tenants & Investors
For a century, low-income urban housing projects in the United States have shared a common aesthetic: imposing, characterless high-rise buildings with little sense of place or personality. That’s because urban planners have been almost entirely focused on economics and replicability as they stripped away any non-essential components, which led to boring cookie-cutter designs. The City…
Read MoreOpportunity Zones Yield Big Capital Gains Savings
A new federal program will soon allow investors to save big money on capital gains taxes — if they’re willing to take a risk on economically depressed areas and lock up investments for 5 years or more. State governors nominated up to 25% of their low-income community census tracts for federal Opportunity Zone status, and…
Read MoreSuccess Story: A bold housing vision pays off in Atlanta
Centennial Place is one of Atlanta’s most prized commercial properties and a groundbreaking model for urban community development. It features more than 700 mixed-income rental units and 40 mixed-income for-sale townhomes made possible through mixed financing. But, on that site, a crumbling housing project in an unsafe neighborhood once stood. It’s been more than 20…
Read More