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BIPARTISAN BILL WOULD PROVIDE FIXED LIHTC RATE FLOOR

Friday, August 2, 2013 - 7:00AM

A bipartisan group of 20 senators, led by Sen. Maria Cantwell, D-Wash., yesterday introduced legislation to make permanent the fixed rate floor for 9 percent low-income housing tax credits (LIHTC) and to establish a fixed rate floor for 4 percent acquisition LIHTCs. S. 1442 has been referred to the Senate Finance Committee.

To discuss this important legislation and other LIHTC developments, join Novogradac & Company in San Francisco for the 20th Annual Novogradac Affordable Housing Conference, Oct. 3-4.

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