Posts Tagged ‘Housing Authorities’
The Pulse on the Economy and Capital Markets: Feb 7 – 11, 2022
At a glance: Stock markets grew weaker due to the rise of inflation, the Fed raising interest rates to counteract inflation and geopolitical issues taking place in Ukraine. Inflation was hotter than expected with sticky inflation reaching multi-decade highs. Consumers are feeling disheartened by the acceleration in sticky inflation and as a result expect their…
Read MoreTop 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 MoreThe Pulse on the Economy and Capital Markets: Jan 31 – Feb 4, 2022
https://player.vimeo.com/video/674563774 At a glance: The markets continue to give us a lesson on what volatility looks like with Nasdaq up 3.4% on Monday and down 3.7% on Thursday In the bond market, the yield on the 10-year treasury rose to 1.9%, lowering the values of government and investment grade bonds. Meta Platforms (formerly Facebook) disappoints…
Read More4 Key Technology Trends for Real Estate in 2022
At a glance Schedule a free consultation with our team today The full story: A surprising outcome of the COVID-19 pandemic has been the mass adoption of technology by a wide range of industries and sectors — including real estate. As cases start to rise again globally, more property owners and operators, developers, builders and…
Read MoreTax Update: New Guidance on New York’s Pass-Through Entity Tax Credit
At a glance Schedule a consultation The full story: Hot off the press: on August 25, 2021, New York State issued a Technical Memorandum[1] that provides guidance on its pass-through entity tax. First, let’s take a step back On April 19, 2021, New York State’s 2021─2022 Budget Act was signed into law. The Budget Act includes…
Read More7 Key Real Estate Insights for Q2 2021
It has been an exciting and busy quarter for the real estate market. Scroll down for a special look into Multi-Family and Self-Storage Values. In residential real estate, affordability for residential housing is strong, with four quarters of growth in a leading residential housing indicator. We expect positive trends to continue over the next year.…
Read MoreWorkshop: GASB 87 – The New Lease Accounting Standard, What You Need to Know
Got questions about GASB 87? Watch the video as expert, Jason Parker, explains what you need to know and do about GASB 87. In the video, we highlight the differences between GASB 87 and previous accounting standards for state and local governments. You’ll get details on the asset types and contracts that may be scoped…
Read MoreYoung 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 MoreHUD REAC Inspection: What You Don’t Know Can Hurt You
Public housing authorities are often concerned about HUD REAC inspections of their properties. And they should be, since their scores on the Real Estate Assessment Center assessments are tied to HUD funding and eligibility for innovative Housing and Urban Development programs like Moving to Work. Your PHA starts with 100 points, and it’s your job…
Read MoreHow Public Housing Authorities Can Improve Important Lease-Up Rates for Voucher Users
Resource-strapped public housing authorities often struggle to maintain healthy lease-up rates for their Housing Choice Voucher (HCV) programs. Most agencies say the optimal voucher use rate would be about 95 percent to 98 percent of the vouchers issued. But in some major cities, the average use rate hovers around 90 percent. And it can take…
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