Recap Updates

Reference
Understanding affordable housing finance
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Owning Affordable Housing
- Web Update 33: "Ad Valorem Real Estate Tax Assessment of Affordable Housing," by David A. Smith

- "The Post-Mature Affordable Housing Partnership," by David A. Smith and Steve Pratt-Otto, published in Affordable Housing Finance, June 2003. Read the executive summary or full article in pdf form.

- "Finding Value in Mature Affordable Housing Portfolios," Part One, March 2002,
Part Two, April 2002,
Part Three, May 2002,
Part Four, January 2003,
by David Smith and Steve Pratt-Otto, published in The Valuation Report, by Novogradac & Company LLP. - Valuing Convertible Affordable Apartment Properties, by David A. Smith, 20 Real Estate Review 4 (Winter, 1991), pages 49-55.

- Working Out Troubled Real Estate Properties: Making Stone Soup, by David A. Smith, 20 Real Estate Review 1 (Spring, 1990), pages 20-25.
- When Bankruptcy is the Best Survival Strategy, by David A. Smith, 19 Real Estate Review 4 (Winter, 1990), pages 31-38.

- Appraising Subsidized Housing, by David A. Smith (with David S. Kirk) 13 Real Estate Review 3 (Fall, 1983), pages 73-77.

Preserving Affordable Housing
- Web Update 32: Recap suggests need for preservation tools at hearing on GAO report

- "The El Dorado of Permanent Sustainable Affordability," by David A. Smith, January 2003.
Federal Housing Programs
Comparative Analysis
-
Web Update 58: "The urban workforce affordability gap" by David A. Smith

- Housing Policy Innovation Through Effective Experimentation by Oliver Faltin-Traeger

- Public Housing Voucher Conversion Cost Comparison Methodology: Recap's public comments, also released as David Smith's Web Update 27

- Op-Ed by David A. Smith, "Vouchers Versus Production: The Arguments"
National Housing and Rehabilitation Association Multifamily Advisor, May/June 2002, page 2.
LIHTC
- Web Update 57: "The best use of volume cap is affordable rental housing (it confers 3-4 times as much public benefit as any other use)" by David A. Smith and Ethan Handelman

- Web Update 54: "Rocky harbor? IRS's new non-profit guidelines" by David A. Smith

- Web Update 53: "Relieving LIHTC hyperactivity by removing artificial barriers to resales" by David A. Smith and Ethan Handleman

- Web Update 50: "LIHTC Qualified Contracts: State rules impose costs and block transactions" by Adam Galowitz

- Web Update 36: Massachusetts State-level Tax Credits

- "The Low Income Housing Tax Credit Effectiveness and Efficiency: A presentation of the issues,"
presented to the Millennial Housing Commission
Mark-to-Market: MAHRA Resources
- IRS Revenue Ruling - M2M Second Mortgages
- "Mark-to-Market: A Fundamental Shift in Affordable Housing Policy"

Public Housing
-
Web Update 60: Public housing: the Gordian knot by David A. Smith

- Web Update 55: Public housing: the Ghost of Christmas Yet To Come? by David A. Smith

Section 8 Expiration
- Project-Based Vouchers
- Mark up to Market
- Mark up to Market Transfer (for non-profits)
- Mark up to Budget
Section 8 Vouchers
- Web Update 46: Winners, survivors, and losers: HUD reevaluates 50th percentile FMRs; Many MSAs will drop back to 40th percentile FMRs by Ethan Handelman

- "Rethinking Section 8" by David A. Smith, commissioned by Living Cities: The National Community Development Initiative. Read the executive summary
or the full paper
.
International
- Web Update 56: "Housing the world's poor: the four roles of government," by David A. Smith

- Housing the World's Poor: The Four Essential Roles of Government, by David A. Smith, Harvard International Review, online article, June 2006

- Comments on the proposed risk-based capital rules in the Basel II Accords, by David A. Smith

- Affordable Housing Institute
(How is Recap related to AHI?)
Reference
- Scoring: A Supermarket Parable for Stakeholders - an explanation of the federal budget process with links to additional resources

- Glossary
