CHFA Updates FAQ Document to Address Bond Issues from Tax Reform Proposal

Wednesday, November 15, 2017 - 12:30PM

The Colorado Housing and Finance Authority (CHFA) posted an updated frequently asked questions document Tuesday in reaction to the House of Representatives version of the Tax Cuts and Jobs Act (H.R. 1), which proposes an end to the tax-exempt status for private activity bonds. The new CHFA information applies to conduit transactions using new tax-exempt bonds that are able to close into escrow before Dec. 31, transactions using new tax-exempt bonds that can’t close before Dec. 31 and transactions with outstanding tax-exempt bonds that haven’t fully drawn down all bond proceeds.

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