Georgia lawmakers left the state’s main construction incentive for affordable housing untouched this year. And they offered no new relief from rising property tax valuations on apartments that rely on the Low-Income Housing Tax Credit (LIHTC) program. Senate Bill 476 served as a centerpiece of a Republican push to finance income tax cuts. The bill […]
Georgia LIHTC credit match stays in place for now Read More »
Georgia affordable housing developers revived an effort to amend the state constitution to shield their properties from steep property tax hikes. State Rep. Shaw Blackmon, chairman of the House Ways & Means Committee, and State Rep. Rob Leverett officially introduced a constitutional amendment on Monday. It proposes treating low-income housing tax credit properties as a
Georgia lawmakers revive push for LIHTC property tax protection Read More »
America’s housing affordability crisis is an equal-opportunity phenomenon. Nowhere is this more painfully clear than in the nation’s rural communities, which quietly confront a deepening affordability gap. Financing challenges unique to rural areas pursuing affordable housing development exacerbate a growing imbalance. A new Redfin study notes that home prices in rural communities have increased faster
As rural housing costs soar, financing affordable housing remains a hurdle Read More »
As the U.S. housing crisis deepens and climate change intensifies, residents of affordable housing are vulnerable to dangerous and sometimes deadly extreme heat, according to new analysis from the Union of Concerned Scientists. The report, titled “Colliding Crises,” examined nearly 8 million homes in key segments of the affordable housing market — including public and
Extreme heat risks higher for affordable housing residents Read More »
A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,
Court dismisses N.J. mayors’ challenge to affordable housing law Read More »
The National Association of Realtors (NAR) praised the narrow passage of President Donald Trump’s One Big Beautiful Bill Act — a sweeping tax reform measures that includes a slate of real estate-related provisions. Last week, the legislation passed the House of Representatives by a vote of 218-214, which followed a 50-50 vote in the Senate
NAR celebrates passage of the ‘Big Beautiful Bill’ Read More »
President Donald Trump’s One Big Beautiful Bill Act is about to become law. The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation. The White House has scheduled
One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature Read More »
President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also
What’s in Trump’s ‘Big Beautiful Bill’ for seniors? Read More »
Walker & Dunlop has announced the closing of a $240 million Low-Income Housing Tax Credit (LIHTC) fund — the largest in the firm’s history — that’s aimed at supporting the development of affordable housing across 10 states. Fund 124 will finance 18 housing developments totaling 1,701 units in California, Texas, Maryland, Utah, Missouri, Michigan, Connecticut,
Walker & Dunlop closes $240 million affordable housing fund Read More »
As Congress continues its effort to rewrite major portions of the tax code, the National Association of Realtors (NAR) unveiled new polling showing just what the American people are looking for in the legislation. The national survey shows overwhelming bipartisan support for tax provisions that strengthen homeownership, support small business owners and the middle class,
NAR: Americans want a tax plan that supports the American dream Read More »