On August 16, 2022, President Biden enacted landmark legislation known as the Inflation Reduction Act of 2022 (IRA). The IRA earmarks a substantial $369 billion towards incentivizing
the adoption of clean energy technologies, specifically targeting the affordable housing sector.
The objective is to mitigate the carbon footprint and alleviate energy burdens within these communities.
The Department of Housing and Urban Development (HUD) offers various incentives and programs to address housing challenges. Tax Credit programs such as the Low-Income Housing Tax Credit (LIHTC) stand out as crucial mechanisms for developing affordable housing units in the US.
D3G proudly announces that our founder and CEO, Rob Hazelton, was
nominated and selected to receive Virginia Housing Alliance’s Game Changer Award. The Game Changer
Award recognizes Virginia’s housing leaders for significant breakthroughs or outstanding achievements
in the homeless services or affordable housing fields.
Dominion Due Diligence Group (D3G) is a full-service real estate due diligence company with an in-house
team of experts helping to shape the affordable housing preservation industry by presenting housing
solutions to Nonprofit Entities, Public Housing Agencies, Municipalities, Developers, Borrowers, Lenders,
Equity Investors, General Contractors, and Design Professionals.
In the fourth quarter of 2023, the Biden Administration stirred excitement in the multifamily industry by unveiling a White House Announcement. This release introduced additional resources and financing options, aiming to facilitate the conversion of office and commercial buildings into multifamily residences.
Rob's Ramblings: Redefining RAD as Repositioning The term "RAD Panel" has echoed through many...
Rob's Ramblings: The Inflationary Reduction Act (IRA) A Housing Conundrum The Inflationary Reduction Act...
Rob's Ramblings: Office to Residential Initiative A Familiar Concept for FHA MAP Programs The...
Rob's Ramblings: Asset Management Takes Center Stage Rates are high, construction costs are unpredictable,...
Environmental Q&A Interview With the Expert: Director of Environmental Services Amy Seim has been with...