How Walter Duke Helps Build a More Affordable Florida Florida’s affordable housing crisis has reached critical levels, with many residents struggling to find homes that fit their budgets. Rising property values, increased demand, and limited supply have exacerbated the situation. However, leaders like Walter Duke, CEO of Walter Duke + Partners, are making significant strides in addressing this issue. Through … Read More
How State and Local Incentives Supercharge LIHTC Developments
How State and Local Incentives Are Supercharging LIHTC Developments The affordable housing crisis in Florida and across the United States has reached unprecedented levels, with many low-income families struggling to find affordable places to live. To combat this, state and local incentives are playing a pivotal role in supercharging Low-Income Housing Tax Credit (LIHTC) developments. By leveraging property tax exemptions, … Read More
Tax Credit Apartments Requirements: A Comprehensive Guide
Learn about Tax Credit Apartments requirements, eligibility, and application process. Stay informed with recent news and expert insights from Walter Duke.
Affordable Housing Solutions: Zoning Reform, Density Bonuses, and TOD
Addressing the Affordable Housing Crisis with Zoning Reform The shortage of affordable housing in the U.S. has reached critical levels, and Florida is no exception. While programs like the Low-Income Housing Tax Credit (LIHTC) have been instrumental in financing affordable rental housing, the growing demand requires more comprehensive solutions. Zoning reform for affordable housing is a crucial step toward increasing … Read More
Interest Rates and Inflation for the Orlando LIHTC Market
As interest rates rise and inflation continues to accelerate, affordable housing developers in Orlando, particularly those involved in Low-Income Housing Tax Credit (LIHTC) projects, are facing mounting financial pressures. Higher borrowing costs and surging construction prices are squeezing budgets, forcing developers to find new ways to close funding gaps and maintain project viability. Walter Duke + Partners, with their deep … Read More
Florida Live Local Act: Tax Exemptions for Multifamily Properties & Affordable Housing
Discover how the Florida Live Local Act offers tax exemptions to multifamily properties, supporting affordable housing development in 2024 and beyond.
Affordable Housing Credit Improvement Act Provisions in Florida
The Affordable Housing Credit Improvement Act (AHCIA) provisions included in recent legislative discussions aim to make long-sought changes to the Low-Income Housing Tax Credit (LIHTC) program. These changes focus on expanding the availability of credits and improving the financing mechanisms for affordable housing projects. This page will provide an in-depth look at the AHCIA provisions specific to Florida, their impact, … Read More
Solar Energy for LIHTC Properties in Florida
At Walter Duke + Partners, we understand the complexities and opportunities that come with managing Low-Income Housing Tax Credit (LIHTC) properties. One significant opportunity is the adoption of solar energy solutions. Solar panels not only provide substantial energy savings but also enhance the value and sustainability of LIHTC developments. This article explores the benefits, incentives, and processes involved in integrating … Read More
Biden’s Budget Proposal for LIHTC Expansion: A New Era for Affordable Housing
Walter Duke + Partners is dedicated to advancing affordable housing initiatives and providing expert consulting services to developers and investors. In this article, we delve into the Biden administration’s fiscal 2024 budget proposal, which includes a significant expansion of the Low-Income Housing Tax Credit (LIHTC) program. This expansion is poised to create transformative opportunities for affordable housing across the nation. … Read More
Bipartisan Tax Package Deal Includes LIHTC Provisions
Bipartisan Tax Package Deal Includes LIHTC Provisions The recent bipartisan tax package deal has introduced significant provisions for the Low-Income Housing Tax Credit (LIHTC) program. As a leading authority in commercial real estate appraisal and affordable housing, Walter Duke, CEO of WalterDuke.com, delves into these new provisions and their potential impacts on affordable housing in Florida and beyond. Overview of … Read More
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