APRIL 2024 Most historic tax credit (HTC) projects involve overcoming one or two challenges, but a special few require surmounting higher hurdles. The High Rise Apartments in Great Bend, Kansas is a recently completed HTC+LIHTC project by Shreveport-based Housing Solutions Alliance, LLC (HSA) that is a testament to how navigating the challenges of the HTC […]
The Latest: March 2024
In this month’s issue: Detroit Apartment Rehabs, Due Diligence Services, NPS Consultant Webinars, Supporting Illinois Preservation
Resiliency in Detroit’s Jefferson Chalmers Neighborhood
Historic tax credits provide significant benefits to projects but come with challenges. Architectural review, increased costs, and scheduling delays can often impact a development. One particular HTC project in Detroit was put to the ultimate test as it pushed toward completion in late 2023.
The Human Side of HTCs
This month’s Novogradac Journal of Tax Credits Tool Box article emphasizes how putting residents at the center of rehabilitations like that of Parkside Neighborhood Preservation in Philadelphia is paramount to the success of the project itself.
The Latest: January 2024
In this month’s issue of the Latest: State HTC Look Ahead, Legacy of Senior Housing in Milwaukee, Rehabbing Affordable and Public Housing
Legislative Progress on State HTCs Highlights Ongoing Value of Incentive
Among the most commonly used and perhaps the most important tool in the historic tax credit (HTC) toolbox is the ability to twin the 20% federal credit with the various state HTCs. In most states, this additional incentive can provide on average 20%-25% of state HTCs that can be used in tandem with the federal […]