The Gap: A Shortage of Affordable Homes 

The National Low Income Housing Coalition’s (NLIHC) The Gap: A Shortage of Affordable Homes March report “highlights the critical housing needs of the nation’s lowest income households.” In this report, key findings include: 11.4 million ELI renter households accounted for 26% of all U.S. renter households and nearly 10% of all households. The U.S. has a […]

March 2, 2017

It’s Time for the Low Income Housing Tax Credit and Tax Code Policy to Renew its Vow

By: Jeffrey A. Whiting, CEO & President There are numerous examples through recent news articles that highlight the impact of potential tax reform on the production and preservation of affordable rental homes financed through the Low-Income Housing Tax Credit (Housing Credit). These articles accurately reiterate the well-documented and increasing challenges of affordable housing in America. […]

February 24, 2017

Evergreen Management Group Goes Above and Beyond on Challenging Deal

Established by PSC Development in 1985, Evergreen Management Group (EMG) has been managing multi-family affordable housing properties for over 20 years. CREA and EMG became business partners while working on a multi-family property in the Salt Lake City metro area in May of 2016. The particular property had, to that point, been through its fair […]

October 4, 2016

How Much is Enough?

Affordable housing is a problem across the United States. Many people relate these housing problems to those who are homeless and out of work, but this assumption is not always accurate. There are many people who are working and still cannot afford reasonable housing. According to the National Low Income Housing Coalition’s (NLIHC) latest Out […]

July 14, 2016

The Legacy of a Life Well Lived: Honoring David Reznick

By Jeff Whiting David Reznick, co-founder and Chairman of the Board of Reznick Group P.C. passed away on December 31, 2014.  David was great friend and confidant of City Real Estate Advisors, Inc., and he will be missed.  A pioneer of the LIHTC industry, we cannot replace a man like David Reznick.  We can only […]

January 7, 2015

Building Communities – Impacting Lives

By Jeff Whiting Recently I had the opportunity to attend the grand opening for Alston Park, a property in Cincinnati developed by the Woda Group. As is often the case at grand openings, there are plenty of congratulations and best wishes for success by local, state and federal officials. All of which is well deserved due […]

April 25, 2014

Helping the Heartland

By: Jeff Whiting As spring turns to summer, our thoughts and prayers stay with all of those who have suffered during the recent outbreak of tornados in Oklahoma.  To help those who were displaced by the disasters, the Affordable Housing Tax Credit Coalition (AHTCC) donated $10,000 to the relief efforts for the affected areas of […]

June 13, 2013

Not All Tax Credits Are Created Equal; Protect the Housing Credit

By: Jeffrey Whiting & Ali Solis As members of both parties in the House and Senate as well as the President look to comprehensive tax reform as a way to reduce the deficit in the long term and increase our economic stability, it’s important to note that not all tax credits are created equal. Undoubtedly, […]

April 9, 2013

Response to “LIHTC in Jeopardy”

The recent article written by Donna Kimura regarding comments made by Terri Ludwig, president and CEO of Enterprise Community Partners, Inc., at the AHF Live Conference in Chicago (“LIHTC in Jeopardy” November 28, 2012) was accurate in its description of the circumstances we find ourselves in today. The Affordable Housing Tax Credit Coalition (AHTCC) has […]

March 15, 2013

Sometimes Congress Gets the Tax Code Right

By: Jeffrey A. Whiting & Richard S. Goldstein It’s easy to criticize Congress.  Admittedly, we all do and as Americans we have been doing so since the first Continental Congress.   In the aftermath of the drama we all just witnessed regarding the debt ceiling, the end result was that very little was accomplished other than, […]

March 13, 2013