News - Bowen National Research

Identifying LIHTC Market Opportunities in the State of Indiana

Desiree Johnson May 1, 2019

As we all know, there are numerous items to think about when choosing a market to develop/invest in. Due to the requirements of the Low-Income Housing Tax Credit (LIHTC) program and the Indiana Housing and Community Development Authority (IHCDA), having a good understanding of the market/region you are looking to develop/invest in is a critical step in developing a successful LIHTC property and one that we here at Bowen National Research look forward to helping you with. One of

Bowen National Research Caps Off Off A Successful 2018 With A Countywide Housing Needs Assessment and Studies in Puerto Rico (Jan 2019)

Patrick Bowen January 29, 2019

Bowen National Research finished a successful 2018 with the completion of a countywide Housing Needs Assessment in Michigan, along with the launch of several others, and a trip to Puerto Rico to study multiple housing projects on the island devastated by Hurricane Maria in 2017. A comprehensive analysis of Ottawa County, Michigan capped off a string of large and high-profile Housing Needs Studies that were finished by our firm in 2018. The community-wide studies included the following: Yellow Springs,

Bowen National Research Continues To Lead The Field In Third-Party Market Studies For Syndicators Nationwide

Desiree Johnson December 13, 2018

Among the more than 500 market studies the firm completes each year, a large number of the firm’s studies involve the market feasibility of projects being developed with financing through the Low-Income Housing Tax Credit program. The program provides tax incentives to encourage developers to create affordable housing. Developers of qualified properties are allocated the Tax Credits and investors in those properties take advantage of the Tax Credits. Syndicators help connect investors with developers and oversee the fund’s acquisition and the ongoing

What is a Housing Needs Assessment and How Do You Use It?

Patrick Bowen May 13, 2016

Purpose and Users A comprehensive Housing Needs Assessment typically involves compilation and evaluation of specific demographic data, economic characteristics and trends, current housing inventory and characteristics, government policies and incentives, and the adequacy and availability of selected community services, as well as collecting the input of area stakeholders and residents. The assessment concludes with quantifying the number of housing units needed in the market by tenure (rentals vs. for-sale), price point, bedroom type and market segment (e.g. families, seniors, disabled,

Patrick Bowen Presents at Nebraska Investment Finance Authority’s Housing Innovation Marketplace

Patrick Bowen May 13, 2016

On March 22, 2016, Patrick Bowen presented at the Nebraska Investment Finance Authority’s 2016 Housing Innovation Marketplace. The session was titled “Housing Market Studies” and was moderated by Ms. Casey Cline, Development Director at Travois. Additional panelists included Mr. Timothy M. Keelan, Principal Partner of HANNA:KEELAN ASSOCIATES, P.C. and Mr. Brian Wilson, MAI, Commercial Real Estate Appraiser with Wilson Valuation LLC. Mr. Bowen’s presentation involved a review of housing market study components and included an overview of NIFA’s market study

Patrick Bowen Presents at the Virginia Housing Credit Conference

Patrick Bowen October 15, 2015

On Thursday, October 8, 2015, Patrick Bowen presented at the Virginia Housing Credit Conference, sponsored by the Virginia Housing Coalition and held at The Westin in Richmond, Virginia. Additional panelists included Jaynell Pittman-Shaw, Senior Allocation Officer with the Virginia Housing Development Authority, and Corine Sheridan, Vice President, Director of Origination with Boston Capital. The session was moderated by JD Bondurant, the Assistant Director of Low Income Housing Tax Credit Programs at the Virginia Housing Development Authority. The title of the