The coming eviction crisis will hit Black communities the hardest
If past trends hold, the upcoming eviction crisis will lead to higher rates of COVID-19 infection, especially as new variants emerge. The scale of this problem exposes fundamental problems in our labor market and social safety net.
The Brookings Institute • August 2, 2021
LIHTC compliance normalcy returns October 1–are you ready?
Since the COVID-19-related declaration of a national emergency in March 2020, property owners and their managers have lived in a changed world due to Internal Revenue Service (IRS) guidance that temporarily changed regulations for low-income housing tax credit (LIHTC) compliance. Normalcy–at least with regard to LIHTC compliance–returns October 1.
Novogradac • August 2, 2021
The effects of project labor agreements on the production of affordable housing
Proposition HHH is a $1.2 billion bond earmarked for the development of up to 10,000 units of affordable and permanent supportive housing aimed at addressing chronic homelessness in Los Angeles. As of May 2021, with virtually all funding committed, approximately 7,300 units of housing were in the pipeline. Failure to meet the ambitious original target has been attributed in part to higher-than-expected construction costs.
RAND Corporation • August 2, 2021