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Affordable Housing News & Views - February 2023
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Listen in as Bob Moss and David Gasson, principals with MG Housing Strategies, join Beth Mullen, CohnReznick’s Affordable Housing practice leader, to discuss critical legislative updates for the LIHTC industry. This month’s conversation explores where the AHCIA has or needs supporters among Congress’s new committee members, and the bill’s latest status and strategies.
CohnReznick’s February 2023 Housing Tax Credit Monitor is now available. This edition features:
- Results from our 2022 housing credit equity volume survey, exploring trends from the year, comparisons with previous years, and more
- 23 current national and regional funds offered
Walking through tax credit resources: Historic Tax Credit FAQs
While we often focus in this newsletter on the Low-Income Housing Tax Credit (LIHTC), there are other federal tax credits with similar roles in financing development. Here, Marshall Phillips, leader of our Project Finance and Consulting team, dives into the Rehabilitation Credit – aka the Historic Tax Credit (HTC) – via a helpful IRS resource for those potentially seeking it.
Read nowNew year, new challenges for IIJA
If you work primarily in the multifamily housing space, you are familiar with supply chain issues, labor shortages, and inflation impacting construction. The improvement projects soon to be funded by the Infrastructure Investment and Jobs Act (IIJA), while much needed across the country and beneficial to real estate owners, will further stretch these challenges. CohnReznick’s Jack Callahan and Christopher Livingstone offered their perspectives on what to expect and how to prepare in this recent article by ConstructionDive.
Read now- CohnReznick’s 22nd Annual New Markets Tax Credits Summit is coming May 15-17. Register today!
- Explore the various types of movement propelling changes, challenges, and opportunities across the real estate industry in our new series. Check it out now!
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This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.