The tax-exempt bond market in 2026
In this episode of BuzzHouse, Don Bernards and Garrick Gibson welcome back Wade Norris, partner at Dinsmore, for an update on the tax-exempt bond market in 2026. Wade breaks down how interest rates and investor demand are affecting affordable housing finance, the industry's transition from the 50% test to the 25% test, and the resulting impact on tax credit equity and project financing. He also shares insights on recycled bonds, cash-back bond structures, and emerging opportunities involving 501(c)(3) bonds, essential function bonds, and rated housing authority transactions. Tune in for a practical look at the financing tools and market trends shaping affordable housing development today. Follow Us Twitter @BakerTillyUS Facebook @BakerTillyUS Instagram @bakertillyus Presented by Baker Tilly www.bakertilly.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.






