Happy Holidays 2020
Horizon Companies would like to wish you and your family a holiday season filled with peace and happiness. This year has been challenging for mostly everyone. Social distancing, mask mandates,
Category: Horizon Companies
Understanding The Eviction Moratorium
SARS-COV-2 caused devastating disruption worldwide in mostly every financial market. Millions of workers experienced some sort of financial loss. Reduced hours, furloughs and complete job loss challenged many families. It’s
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
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 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),
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 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,
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