Posts Tagged ‘affordable housing’
The Inflation Reduction Act Expanded the 45L Credit for Affordable Housing Developers. Here’s How to Take Action
By: Joseph Wallace, Tax Partner | Real Estate At a glance Schedule a consultation with Aprio today The full story: Do you own energy-efficient properties? You could be eligible for a tax credit of up to $5,000 per unit, depending on your circumstances. The 45L credit is designed to reward affordable housing developers with tax…
Read MoreAffordable 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 The main takeaway: The fastest-growing threat facing businesses today is ransomware. Affordable housing developers need to be vigilant in preventing these threats from affecting their organizations. Impact on your business: Below, we explore how developers can tackle ransomware head on, from identifying indicators of compromise to real-time response tactics. Next steps: With…
Read MoreAs the Affordable Housing Sector Grows, More Female Leaders Are Entering Leadership Roles
At a glance New trends in affordable housing: With women making up more than half of the American workforce, more female leaders and executives are making their way toward the affordable housing space. Be a positive catalyst for DEI: Prioritizing gender diversity, equity and inclusion (DEI) in your organization not only enriches your culture and…
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
Young Adults, Boomers and Families Drive Rise of Class B Apartments
Cash-strapped Millennials, retiring Baby Boomers and middle-income families are driving demand in less expensive Class B multifamily apartments. Class B multifamily apartments tend to be older buildings with fewer amenities and less expensive finishes than their Class A counterparts that command much higher rents. The rise of Class B apartments is also a response to…
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 MoreFrom School to Senior Housing: Property Redevelopment Transforms a Neighborhood
The property redevelopment of the former Henry A. Hunt School into affordable senior housing is proof one project can have a big impact on a community.
Read MoreInclusionary Zoning Programs Shape Mixed-Income Housing Development
Housing developers are encountering more inclusionary zoning programs, which provide incentives to build mixed-income housing projects.
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