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OCC COMPTROLLER: PUBLIC WELFARE INVESTMENTS CONTRIBUTE TO LIHTC’S SUCCESS

Wednesday, February 27, 2013 - 8:00AM

Comptroller of the Currency Thomas J. Curry praised public welfare investments’ contributions to federal tax credit programs, including the Low-Income Housing Tax Credit (LIHTC) program, during a speech before the National Association of Affordable Housing Lenders. He cited banks’ ability to invest in and hold real estate as a public welfare investment as critical to the success of the LIHTC program and said that by some estimates, more than half of LIHTC properties are financed through public welfare investment authority.

Tune in to the March 5 Tax Credit Tuesday to learn more.

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