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Affordable Housing News & Views - July 2019
Affordable Housing News & Views will be taking a hiatus in August, but watch for us in September, when we return with timely news and insights.
CohnReznick Insights
TCIS's latest Tax Credit Monitor has released the latest survey of housing tax credit pricing. The recent data shows the median reported housing credit price in the last 60 days was $0.91 across 130 deals in January-February 2019. The July issue also includes housing credit fund IRRs versus Treasuries. Read more, including current national and regional multi-investor funds, pricing, and other insights.
Watch our on-demand webinar for a timely accounting update for not-for-profit organizations. Taught by Rick Cole, Supervising Project Manager at the Financial Accounting Standards Board (FASB), the focus of the webinar will be ASU 2018-08, Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made. Rick also will provide a brief overview and implementation considerations for ASU 2014-09, Revenue from Contracts with Customers and ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities.
When the Atlanta Braves decided to build a new stadium, their vision included revitalizing the surrounding neighborhood. Watch our latest MLB video to see how The Battery has become a shining example of community development. Interested in learning more? See how legislative initiatives, public-private partnerships, and cutting edge programs like Opportunity Zones are changing the game in community development.
AROUND THE COMMUNITY
Charlotte Recommends 8 Affordable Housing Projects Get Money From Trust Fund (WFAE 90.7)
Housing Authority Buys More Real Estate For Affordable Housing (KVUE ABC)
Enterprise & NeighborWorks Publishes New Report On Health Outcomes (HousingOnline.com)
Economic Research Report: Estimating The Local Economic Impacts Of Building Affordable Housing (HousingOnline.org)
Density Concerns v. Affordable Housing: Proposed Project Divides City Council (Missoulan.com)
Reno Looking At Tax-Delinquent, Abandoned Homes For Affordable Housing (Reno Gazette Journal)
Hotel, Housing And Nightclub Set For Underground Atlanta (SaportaReport.com)
State Bill Would Free Up $16M For Affordable Housing In Santa Cruz (Santa Cruz Sentinel)
Freddie Mac: Cities Rapidly Losing Affordable Housing (Multi-Housing News)
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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 members, 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.
Related Insights
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SeriesCommunity DevelopmentLike many development projects, the construction of an MLB ballpark often brings positive change to the surrounding community. Through the lens of MLB and our own industry professionals, this content series offers tools and ideas for any business involved in community development. Learn how legislative initiatives, public-private partnerships, and cutting edge programs like Opportunity Zones are changing the game for industry participants.
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InsightAffordable Housing News & Views - June 2019The latest industry insights, news, and events
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InsightCapitol Connection: Time to Act on Affordable Housing LegislationRobert C. MossWith new affordable housing legislation awaiting Congressional approval, CohnReznick National Director of Governmental Affairs Bob Moss advises that now is the time for the housing industry to take action.
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On-demandOpportunity Zones – Perspectives on the New Wave of Guidelines and Key ConsiderationsBeth Mullen, David Kessler, Brian NewmanExcitement and anticipation regarding Opportunity Zones continue for investors, fund managers, and investees – and state and local governments. But we are also hearing that many people are interested in improving their understanding of guidelines that have been released up to now.