Affordable Housing Trends and Recent Developments
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Learn about the new HUD rule on affirmatively furthering fair housing.
More than 50 years after Martin Luther King's I have a dream speech, racial discrimination is still at the forefront of American society as evidenced by the widespread civil unrest surrounding police treatment of minorities in local jurisdictions throughout the country. Racial barriers continue to affect our communities, where we live and how housing developments are being developed and financed in the United States. Understand how the financing of affordable housing developments in the U.S. is being affected by a recent Supreme Court Ruling and a new HUD rule on discrimination, disparate impact and the obligation of state and local governments to promote fair housing. Learn about alternative funding sources for developing and financing affordable housing projects as federal law relating to affordable housing becomes increasingly complex and be able to identify tax traps for the unwary in affordable housing deals funded by federal low-income housing tax credits. This topic is essential for multi-family, residential and affordable housing real estate developers and professionals who want to ensure they are up-to-date on the social trends affecting the financing of their projects.
AuthorsPaul V. Franke, Polsinelli PC Melinda Pasquini, Polsinelli PC
Fair Housing, Discrimination and Affirmative Furthering
• Background on the Fair Housing Act of 1968
• June 25, 2015 Supreme Court Ruling on Disparate Impact
• July 16, 2015 New HUD Rule on Affirmatively Furthering Fair Housing
Trends in Financing Affordable Housing Developments
• CDBG and Home Funds - How Will the New Supreme Court Ruling and HUD Rule Affect These Funding Programs?
• Social Impact Bonds
• State Tax Credits
Overview of Current Low-Income Housing Tax Credit Hot Topics Involving the IRS