Affordable Housing

affordable housing

The Economics of Housing Affordability

June 24, 2022 / Comments Off on The Economics of Housing Affordability

Housing is a crucial aspect of society. Unfortunately, the costs of housing can be so disproportionately high relative to income levels that people simply can’t comfortably afford it. Not only is housing affordability a concern in many US metropolitan areas, it is a concern across the globe. With the large number of individuals and families […]

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Effects of Concentrated LIHTC Developments on Surrounding House Prices

May 9, 2022 / Comments Off on Effects of Concentrated LIHTC Developments on Surrounding House Prices

Econsult Solutions Principal Richard Voith recently published a paper in the Journal of Housing Economics examining the property value impacts of affordable housing developments financed by Low-Income Housing Tax Credits (LIHTC). The LIHTC program is the U.S.’s largest funding source for affordable housing production, with an annual totaling of more than $8 billion. LIHTC developments […]

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Elina Nikoleri

February 15, 2022 / Comments Off on Elina Nikoleri

Elina Nikoleri is an Analyst at Econsult Solutions. She completed her master’s degree at the University of Pennsylvania where she concentrated in Public Private Development. Ms. Nikoleri has a background in real estate, affordable housing, and geospatial analysis. Prior to joining ESI, Elina was a Market Analyst at Doyle Real Estate Advisors, where she provided […]

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Market Analysis of Phase 3 of the Sharswood Blumberg Housing Redevelopment

December 1, 2021 / Comments Off on Market Analysis of Phase 3 of the Sharswood Blumberg Housing Redevelopment

The Philadelphia Housing Authority (PHA) and Hunt-Pennrose Sharswood, LLC  are redeveloping housing units in the Sharswood Choice Neighborhood of Philadelphia. Phase 3 of the multi-year redevelopment project brings 217 safe, high quality, affordable housing units to a neighborhood with conveniences and access to public transit. As part of the redevelopment process, Hunt-Pennrose Sharswood, LLC retained […]

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3 Ways to Make Cities More Inclusive

August 13, 2021 / Comments Off on 3 Ways to Make Cities More Inclusive

Globalization has helped interconnect different regions of the world but has also exacerbated global inequality. People now migrate from one place to another in search of better living conditions. This diaspora of people leads to a growth in the economic base of the place they move to. How can cities better accommodate their citizens economically, […]

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NJHMFA: Compliance for Multifamily Affordable Housing

June 4, 2020 / Comments Off on NJHMFA: Compliance for Multifamily Affordable Housing

Since 2011, ESI has provided the New Jersey Housing Mortgage and Finance Agency (NJHMFA) with on-call management services for multifamily housing developments. ESI leads the analysis of compliance with Public Law 2008, c. 46 (A500 ACS), which requires an analysis of the finances of the proposed project to answer the question “Are the profits from […]

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