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What @sog_ced is reading online: December 2020

December 18, 2020

The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.   Items of interest related to CED in North Carolin … Continued

Strategies for Creating Mixed-Income Neighborhoods

August 6, 2019

Durham County hired the Development Finance Initiative (DFI) in 2017 to help redevelop two county-owned parcels in downtown. Though currently serving as surface parking for county employees, the two sites are located adjacent to recent high-end residential development, government and institutional s … Continued

4% LIHTC Use in North Carolina’s Triangle Region

July 25, 2017

A Brief Introduction to the 4% Low-Income Housing Tax Credit Development of low-income housing in the United States continues to be a challenge for local governments, affordable housing developers, and policy advocates. Institutional, market, and financing obstacles are all barriers to increasing th … Continued

Boosting LIHTC: Difficult Development Areas & Qualified Census Tracts

May 9, 2017

The Low-Income Housing Tax Credit (LIHTC) program was designed to encourage the private development of affordable rental housing in the United States. (If you are new to LIHTC, check out the CED blog’s primer on low-income housing tax credits before proceeding.)   But even with the dollar-for-dollar … Continued

Solar Power Heating Up in Commercial Real Estate

February 16, 2017

The cost of installing solar panels has been in steady decline since 2010, and the residential market for solar panel installations on home roofs is experiencing rapid growth. With growing demand and several policy incentives for solar installations, incorporating solar power into real estate develo … Continued

Commenting on the NC Qualified Allocation Plan

November 19, 2015

Every year the North Carolina Housing Finance Agency (NCHFA) reviews the Qualified Allocation Plan (QAP) that describes the selection criteria for developers submitting projects for Low-Income Housing Tax Credits (LIHTC). LIHTC credits provide developers the ability to feasibly develop affordable ho … Continued

Primer on Low-Income Housing Tax Credits: 2015 North Carolina Qualified Allocation Plan

November 5, 2015

Every year the North Carolina Housing Finance Agency (NCHFA) awards applicants with Low-Income Housing Tax Credits (LIHTC) – the most important resource for creating affordable housing in the United States today. The NCHFA uses federal and state funds to produce affordable housing by partnering with … Continued

Discriminatory Effect without Intent: A Fair Housing Challenge to the Allocation of Low Income Housing Tax Credits

May 1, 2014

A court case pitting two unlikely opponents in the effort to provide better housing opportunities for low-income households has captured the attention of state housing finance agencies around the country. At issue in Inclusive Communities Project, Inc. v. Texas Department of Housing and Community Af … Continued

Historic Landmarks & Market Rate Housing Opportunities

April 11, 2013

  A historic, downtown building on Main Street has been vacant for the last 30 years. Once an iconic hotel for the Town, today the building is empty, other than a few occupied tenants filling retail space on the ground floor. The small Town has a tier 1 designation and is working hard to suppor … Continued

Redeveloping an historic downtown theater? Advantages of public-private partnership

July 10, 2012

The historic theater on Main Street sat empty for thirty years. Once the central gathering place and crown jewel of Main Street, the property collected cobwebs as town leaders waited for a private developer to come along with a plan to bring the building back into productive use. Eventually, public … Continued