IRS PROVIDES LIHTC RELIEF FOR DISASTER VICTIMS IN WISCONSIN

Wednesday, July 2, 2008 - 7:30AM

The Internal Revenue Service today announced in Notice 2008-61 that it will suspend certain requirements under Section 42 of the Internal Revenue Code for certain low-income housing tax credit (LIHTC) properties in the United States as a result of the devastation caused by severe storms, tornadoes and flooding in Wisconsin beginning on June 5, 2008. 

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