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March 6, 2024

'This Is A Big Deal': LIHTC Could See Most Significant Reform In Decades

As America’s affordable housing crisis digs in, rooting deeper and reaching more broadly into the economy, the country’s most productive source of funding for affordable housing faces its most significant overhaul in its 38-year history.

The Low-Income Housing Tax Credit has helped facilitate the creation of millions of affordable homes since its creation in 1986, and changes to the credit built into the $78B Tax Relief for American Families and Workers Act could significantly broaden its scope and accessibility.

'This Is A Big Deal': LIHTC Could See Most Significant Reform In Decades

Estimates project that these changes could facilitate the creation of about 200,000 new affordable units nationally in the next few years."200,000 units means 200,000 families that will be able to live in quality affordable housing,” NRP Group Senior Vice President of Strategic Partnerships and Government…

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Gwinnett County Taps CBRE To Help It Transform The Dead Mall At Its Heart

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Four years after Gwinnett County bought a large chunk of Gwinnett Place Mall with the aim of kick-starting its redevelopment, the county has selected a partner to shepherd it through the process.CBRE will partner with…

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Target Leaning Into Big Boxes With Planned 300-Store Expansion

Target Leaning Into Big Boxes With Planned 300-Store Expansion

Target plans to expand its footprint across the country with more of its traditional, large-format stores. The Minneapolis-based retailer has a plan to open 300 stores within the next 10 years, with the majority of them full-sized, Target CEO Brian Cornell said on the company’s fourth-quarter 

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