One obstacle to building or acquiring sites for affordable multifamily housing is the notion of “not in my back yard” (NIMBYism). Although it is a difficult problem, developers and prospective site owners can get local support for buildings they want to construct. With the help of...
This month, the manager of an affordable housing site in Texas reported how—as many managers have done—she had brought Internet access into the management office to help run the site and communicate with HUD, prospects, applicants, and residents. She expected site employees to spend...
In August, the Massachusetts Supreme Judicial Court ruled that federal law trumps, or preempts, the “innocent tenant defense” that residents facing eviction often raise, which typically is based on local law.
Many tax credit managers use computer software programs to help them manage their tax credit sites. A good software program should save time and money by making it easier to keep your site in compliance with tax credit rules and perform many other management functions.
New York's Westchester County is beginning an experiment to keep affordable housing affordable. A land trust designed to preserve affordable housing, including tax credit sites, in perpetuity, is being devised in Westchester, says Rosemary Noonan, Executive Director of the Housing Action...
