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OCC Releases Updated Insights Report on LIHTC Program

Wednesday, March 26, 2014 - 7:00AM

The Office of the Comptroller of the Currency (OCC) released its updated Insights report on the Low-Income Housing Tax Credit (LIHTC) Program. The report describes how LIHTCs are used to finance the development of affordable housing and how national banks and federal savings associations can participate as investors and lenders in LIHTC-financed developments. It also outlines the risks and regulatory considerations of LIHTC investments, including the considerations these investments receive in Community Reinvestment Act (CRA) examinations, among other things.

Tune in to the April 1 Tax Credit Tuesday podcast to learn more about the report.

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