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The Spring Street Brief

The Spring Street Brief

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 The Spring Street Brief is your daily intelligence briefing on affordable housing in America. In under 3 minutes, get the news that matters: LIHTC allocations, Section 8 voucher updates, HUD policy changes, private activity bonds, state housing finance agency deals, and emerging trends in affordable housing development. Designed for LIHTC investors, affordable housing developers, syndicators, lenders, and policy makers who need to stay ahead of the curve. AI-powered. Human-curated. Brought to you by Tom Carter at Spring Street Management Group.© 2026 Spring Street Management Group Economie Finances privées
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  • Episode 47: CLASP Report Warns Against Work Requirements in Housing Assistance

    Episode 47: CLASP Report Warns Against Work Requirements in Housing Assistance
    Mar 4 2026
    The Center for Law and Social Policy (CLASP) has released a new report warning that proposed work requirements and time limits in rental assistance programs would significantly worsen housing instability for vulnerable households.
    • Administrative burdens drive caseload reductions, not employment gains
    • Many losing benefits already work or face employment barriers
    • Housing Choice Voucher holders already have high employment rates
    • Would increase documentation burdens for housing authorities
    • Risk terminating assistance for households with temporary setbacks
    • LIHTC properties could see increased turnover and vacancy
    • Report recommends focusing on housing supply and supportive services

    Property owners with project-based vouchers or high voucher concentrations should monitor policy developments and engage with advocacy efforts.

    Subscribe to The Spring Street Brief for daily updates on HUD policy, Housing Choice Voucher program changes, and rental assistance regulations.

    Keywords: CLASP, work requirements, Housing Choice Voucher, Section 8, rental assistance, HUD policy, housing instability, time limits, voucher program, affordable housing policy, housing authority, Project-Based Voucher, LIHTC property management, tenant retention, housing assistance, supportive housing, employment requirements, safety net programs, housing policy research, HCV regulations
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    3 min
  • Episode 46: Kansas Housing Resources Corporation Updates Developer Resources

    Episode 46: Kansas Housing Resources Corporation Updates Developer Resources
    Mar 3 2026
    The Kansas Housing Resources Corporation has released updated developer resources for the 2026 LIHTC program cycle, incorporating changes from the One Big Beautiful Bill Act and lessons learned from the 2025 funding round.
    • Revised application materials and technical guidance documents
    • Enhanced scoring for rural housing development across Kansas
    • Priorities for veterans, seniors, and persons with disabilities
    • Updated cost containment thresholds reflecting construction inflation
    • Revised market study requirements and experience qualifications
    • 25% bond threshold guidance for 4% LIHTC deals
    • Application workshops in March in Wichita and Kansas City

    Developers new to the Kansas market should attend workshops to understand agency priorities and submission requirements.

    Subscribe to The Spring Street Brief for daily updates on state QAPs, LIHTC program changes, and affordable housing development resources.

    Keywords: Kansas Housing Resources Corporation, KHRC, Kansas LIHTC, 9% LIHTC, 4% LIHTC, QAP, Qualified Allocation Plan, Kansas affordable housing, rural housing development, veterans housing, senior housing, cost containment, market study requirements, 25% bond threshold, private activity bonds, One Big Beautiful Bill Act, Wichita housing, Kansas City housing, state housing finance agency, LIHTC application
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    3 min
  • Episode 45: Oakland Affordable Housing Project Awarded $50 Million in LIHTC Equity

    Episode 45: Oakland Affordable Housing Project Awarded $50 Million in LIHTC Equity
    Mar 2 2026
    A major Oakland affordable housing development closed financing with approximately $50 million in LIHTC equity — one of the largest single-project investments in the Bay Area this year. The project will create over 200 affordable units serving households from extremely low to moderate income levels.
    • One of the largest LIHTC transactions in the Bay Area in recent years
    • Serves households from extremely low to moderate income levels
    • Layers 4% LIHTC with California tax-exempt private activity bonds
    • Soft financing from City of Oakland, Alameda County, and CalHFA
    • Bay Area construction costs exceed $700,000 per unit
    • California deals attract pricing premiums from state tax credit benefits
    • Project expects to deliver units in 2027

    The project demonstrates the complex financing structures required for urban affordable housing development in high-cost markets.

    Subscribe to The Spring Street Brief for daily updates on LIHTC transactions, project financings, and affordable housing investment opportunities.

    Keywords: Oakland affordable housing, LIHTC equity, Bay Area housing, California LIHTC, 4% LIHTC, tax-exempt bonds, private activity bonds, CalHFA, California Housing Finance Agency, Alameda County housing, LIHTC transaction, affordable housing financing, LIHTC investor, tax credit equity, multifamily development, urban affordable housing, high-cost market, California tax credit, affordable housing construction, LIHTC closing
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    3 min
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