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New Research on Rent Control Confirms Negative Impacts

Rent control policies are laws that limit or cap rents and are usually implemented for the purpose of improving housing affordability.  Like many other instances where government leaders try to manipulate economic principles, these laws do just the opposite.  The National Multihousing Council (NMHC) just published an in-depth review of academic research on the issue […]

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What McDonald’s Teaches Us About A Smooth-Running Operation

I recently watched the movie The Founder on Netflix, starring Michael Keaton.  The Founder is a compelling story about American inspiration, ambition and greed. Love it or hate it, McDonald’s is one of America’s most recognized brand names and greatest success stories. Its success is partly because of its ability to streamline its operations and give […]

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NMTC Qualifying Tracts 2011-2019 Los Angeles area.

CDFI Fund Awards $3.5 Billion in NMTCs

On Tuesday, February 13th, the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded $3.5 billion in New Markets Tax Credit allocation to 73 community development entities throughout the country. Based on the terms of the awards, it is expected that approximately $2.47 billion of allocation will be deployed to support businesses in […]

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Energy Tax Credit Renewed Retroactively

President Donald Trump signed a major budget deal into law early Friday morning, February 9, hours after Congress voted to end a brief government shutdown overnight. This budget bill also retroactively extends numerous tax breaks that had previously expired. The majority of the tax breaks included in the bill are renewed for one year through […]

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Ascent Forms Partnership with Updater

Ascent Multifamily Accounting has formed a partnership with Updater, an integrated platform for move-in and property related services. The partnership offers Ascent’s clients up to a 33 percent discount for their residents to use the hugely popular move-in concierge service. Typical fees are $99 to $299 per year per property. “Updater is a great tool […]

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