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A Tax Credit Turns 30

The low-income housing tax credit (LIHTC) has helped house millions, and it remains a vital driver of development. The 30-year track record of the LIHTC offers compelling evidence that affordable housing is good business, a stable asset class, and a strong driver of economic activity and neighborhood improvement.

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Architect Michael Green’s seven-story T3 building—standing for Timber, Technology, and Transit—which opened at the end of November is the largest heavy timber building in North America. (Michael Green Architecture.)

Building the Case for Tall Wood Buildings

Taller buildings constructed mainly of wood are an inexpensive, attractive, and environmentally friendly option, but current building codes in the United States make them hard to build, said panelists at a U.S. National Building Museum event.

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The Colorado town of Arvada the city discounted the land, created a tax increment financing district, waived development fees, and rebated use tax for the 153-unit Park Place Olde Town, now open and 100 percent leased. (Matrix Design Group)

Capitalizing on TOD

As the Denver metropolitan area has topped 3 million residents, potentially accelerating toward 4 million, a sustainable land use template for future mobility and economic, social, and environmental health is emerging within the framework of the 122-mile (196 km) FasTracks rail and bus rapid transit network, which includes expansion with five new transit lines this year. A ULI Colorado event in early November attracted participants from Colorado and beyond to tour various transit-oriented development sites and hear about lessons learned and future trends.

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Housing in the Evolving U.S. Suburbs

A new report from the ULI Terwilliger Center says U.S. suburban housing markets are well positioned to remain preferred places to live and work over the coming decades, even as urban cores and downtown neighborhoods continue to attract new residents.

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