There is some good news for affordable housing advocates in a time of political polarization and partisan rancor: strong bipartisan support in both the U.S. House of Representatives and the Senate for The Affordable Housing Credit Improvement Act (AHCIA), introduced...
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Read the Contract: It’s the Law!
I have often in my law practice advised my clients that the first rule of contracts is: "Read the contract!" Now, after a recent North Carolina Court of Appeals decision, I can emphatically say that it is their legal duty to read the contract before they sign it. In...
North Carolina Housing Credit Awards Announced; $1.1 Billion in New Investment in Affordable Housing
More than $1 billion in new economic investment is coming soon to build and preserve affordable housing in North Carolina, according to Chris Austin, Director of Rental Investment for the North Carolina Housing Finance Agency. Housing credits were awarded by the NCHFA...
Voting Rights and Responsibilities: Making Reasoned Choices
by Steven Carr, August 16, 2020 --- “Come now, let us reason together . . .” Isaiah 1:18 (King James Version). In a season of racial unrest and civil rights protests that led to violence and death in American cities, 55 years ago, President Lyndon Johnson came to...
Home Work: Building Affordable Housing in Wake County and North Carolina; Renters at Risk
North Carolina and Wake County are continuing to keep pace and to set the pace of residential real estate development in spite of months of coronavirus pandemic, and we are bucking the reported slowdown of affordable housing construction elsewhere in the United...
Home Work – North Carolina Legislators Addressing Foreclosure, Rental and Utility Emergency Assistance, and Workforce Housing
June 11, 2020 Amid news of more than 1.5 million new jobless claimants in the United States this week filing for unemployment assistance, and word that 20 or more States, including North Carolina, are experiencing a new spike in COVID-19 cases, North Carolina...
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