Feature
August 1, 2012
A tornado hits and wipes out three of the 10 buildings at your site. A flood leaves the ground-floor units at your site uninhabitable. A fire roars through two floors of your high-rise and severely damages 10 units. If one of these or a similar disaster occurs at your tax credit site, you’ll...
Dealing with Employees
August 1, 2012
Emergencies, disasters, accidents, and injuries can occur any time and without warning. Most recently, in June, the president declared parts of Florida a federal disaster area as a result of damage done by Tropical Storm Debby. And this year, areas of West Virginia, Tennessee, Indiana, Kentucky,...
Feature
August 1, 2012
Press releases are a great and inexpensive way to get your site’s name recognized in the community and attract qualified applicants, says communications consultant Rose Reichman. You can send press releases with newsworthy information about a new or existing site to local newspapers and other...
In the News
August 1, 2012
A study entitled "What Can We Learn about the Low Income Housing Tax Credit Program by Looking at the Tenants?" was recently released by Katherine O’Regan, Associate Professor at NYU Wagner Graduate School and the Furman Center, and Keren Horn, Assistant Professor of Economics at...
Feature
July 15, 2012
In today's economy, providing affordable housing to low-income families is more important than ever. There may be plenty of applicants, but there are also considerable challenges in verifying that they're qualified for the LIHTC program and in keeping up with rising operational costs. Last...
Dos & Don'ts
July 15, 2012
If your tax credit site lets residents pay their rent by credit card, consider letting prospects pay their security deposits by credit card as well, suggests property manager Kristen Morgan. Doing so can increase the likelihood that prospects will sign a lease when they first visit your site, she...
Dos & Don'ts
July 15, 2012
Try staggering your maintenance staff's hours to add perceived value to your site, suggests marketing expert Tracey Hopkins. Maintenance staffs typically work the same hours that residents work, which means that most residents don't see the maintenance staff hard at work to keep the site...
Keeping It Straight
July 15, 2012
Test your knowledge of common acronyms used in the low-income housing tax credit industry. On the lines below (or on a blank piece of paper), write down the terms associated with each of the following 50 acronyms. The answers appear on p. 8. This list was provided by Karen Graham of Karen A. Graham...
In the News
July 15, 2012
In the May issue of the Insider, we highlighted a federal court ruling that held that the Texas Department of Housing and Community Affairs (TDHCA) unintentionally discriminated in its allocation of low-income housing tax credits (LIHTCs) [“In the News: Court Rules Texas LIHTC Program...
