BLOG | INVESTING WITHOUT COMPROMISE

TOPIC

ADDRESSING AMERICA’S AFFORDABLE HOUSING CHALLENGE THROUGH SMALL TAX-EXEMPT FINANCING

Andrew Zimmerman By Andrew Zimmerman, Manager, Investments, IMPACT Community Capital

Small tax-exempt multifamily transactions (less than $10 million) are a niche market that can have an important impact on the development and rehabilitation of affordable housing in the U.S. That was the message that I was pleased to share as part of a “Multifamily Bond Financing Seminar” at the recent 2019 Housing Credit Conference. The National Council of State Housing Agencies (NCSHA), a national nonprofit, nonpartisan organization created by state Housing Financing Agencies (HFAs) to advance affordable housing to those who need it, recently held a national conference focused on providing low income housing solutions. I participated on a panel of recognized experts representing the housing, legal and finance communities discussing how...

Read more

HOW COMMUNITIES HAPPEN: ADDRESSING AMERICA’S AFFORDABLE HOUSING CRISIS THROUGH IMPACT INVESTING.

Jeff Brenner By Jeff Brenner, CEO, IMPACT Community Capital

I am fortunate to come to San Francisco to work every day. From the views of the Golden Gate Bridge, to the amazing food and the technological innovation, this city is a wonderful mash-up of diverse experiences. But, I am struck by the stark contrast of opportunity with the homelessness that I encounter as I move throughout the city during the day. It is a heartbreaking challenge shared by nearly every city in our country and one impacting more people every day. The causes are many as are the people and solutions trying to address it. One thing is certain, we have to build more housing that is affordable to more people....

Read more