QCT DDA
2021 QCTs and DDAs
The Department of Housing and Urban Development (HUD), published a notice designating 2021 QCTs and DDAs on September 24, 2020 in the Federal Register. Designations are made annually for all…
construction housing
Apartment Market Post Covid19
New reports show that rental units accounted for 96% of multifamily construction starts during the second quarter of 2020, which took additional market share from the condo market. According to…
Housing Infrastructure
Housing Infrastructure Legislation
Sweeping infrastructure legislation released Monday, June 22, 2020 in the House of Representatives includes provisions to establish a permanent minimum 4 percent rate for the low-income housing tax credit (LIHTC),…
Footer CTA
Multifamily Outlook for 2020
The overall vacancy rate for multifamily is expected to rise by 20 bps to 4.5%, which is still below the long-term average of 5.1%. Rent growth is expected to be…
Opportunity Zones
Opportunity Zone Proposed Regulations
On October 19, 2018, the Department of the Treasury released taxpayer-friendly proposed regulations (the “Proposed Regulations”) under Section 1400Z of the Tax Code. Due to the lack of administrative guidance,…
U.S. Treasury Department
Treasury, IRS Announce First Round Of Opportunity Zones
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today designated Opportunity Zones in 18 States. The Tax Cuts and Jobs Act created Opportunity Zones to spur…