Posts Tagged ‘affordable housing’
Affordable Housing Developers Can Unlock Hidden Tax Savings with Cost Segregation
At a glance Schedule a consultation The full story: Cost segregation accelerates the depreciation timeline for certain property assets, maximizes your tax benefits, and increases your cash flow. In this article, we will explain how affordable housing developers, in particular, can take advantage of cost segregation to reap greater savings. What is cost segregation? Cost segregation…
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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 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…
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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…
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