December 1, 2020

Published by Michael Novogradac on Tuesday, December 1, 2020 - 12:15pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA talks about trends related to multifamily rental housing property valuation, affordable housing needs and more. He is joined by Blair Kincer, MAI, CRE, a partner in Novogradac’s Washington, D.C., office. They start by discussing how affordable multifamily housing valuation has looked in 2020 and whether the pandemic is affecting where people want to, or can, live. Then, Blair shares insight from a recent Notes from Novogradac blog post on how market-rate rents are faring compared to affordable housing rents. Next, they talk about state-led efforts to address affordable housing challenges during the pandemic. They wrap up with discussion of the Novogradac 2020 Multifamily Rental Housing Operating Expense Report and what affordable housing property investors, developers and managers can do to prepare meet affordable housing needs in the year ahead.