What’s trending in Affordable Housing



April 09, 2018

NP Affordable Housing Blog

Author(s): Richard S. Goldstein, Deborah VanAmerongen

Important new changes to LIHTC law made by the Consolidated Appropriations Act of 2018, and what’s new in New York State housing credits. Here’s what’s trending in affordable housing and community development.

Low-Income Housing Tax Credits

What’s new in New York State housing credits?

The 2018 New York State budget adopted on Saturday, March 31, included several measures that will aid in the further development of affordable housing.—Deborah VanAmerongen

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Important new changes to LIHTC law made by Consolidated Appropriations Act of 2018

Congress just passed the new spending bill, the Consolidated Appropriations Act of 2018.—Richard Goldstein

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Upcoming Events

IPED — Learn the Basics: Housing Tax Credits 101

Location: Boston Park Plaza | Boston, MA

Date: April 19–20, 2018

Speakers: Nathan Bernard, Tom Giblin, Allie Lawson, John Marti, Forrest Milder, Matt Mullen, Joseph Lynch

Topics include: Overview of low-income housing tax credit program, critical issues facing the affordable housing industry in 2018 and beyond and an update on the Tax Cuts and Jobs Act and how it will affect your business.

CCAH — Annual Meeting and Conference

Location: Myrtle Beach Marriott Grande Dunes Resort | Myrtle Beach, SC

Date: April 23, 2018

Speaker: Richard Price

Topics include: Richard Price will moderate a panel on the new tax law and its effect on affordable housing. The panel will include an in-depth discussion of Opportunity Zones.

Marcus & Millichap Multifamily Forum Mid-Atlantic

Location: Hyatt Regency | Bethesda, MD

Date: April 26, 2018

Speaker: Richard Price

Topics include: Richard Price will moderate a panel on investment strategies in a frothy market.

Institute for Responsible Housing Preservation

Location: Sofitel Chicago Magnificent Mile | Chicago, IL

Date: May 3 , 2018

Speakers: Steve Wallace, Monica Sussman, Aaron Yowell, Michael Reardon, Richard Price, Tatiana Gutierrez

Topics include: What’s new in Washington, private equity in affordable housing deals, RAD program update, financing preservation transactions and the view from HUD and IHDA.

Cohn Reznick New Markets Tax Credit Summit 2018

Location: Loew’s Hotel | Miami Beach, FL

Date: May 15, 2018

Speaker: Cody Rogers

Topics include: This panel will include an in-depth discussion of Opportunity Zones, how they came into being and their tremendous potential.

The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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