Inflection Points 2011 – Update

Published by Michael Novogradac on Wednesday, February 2, 2011 - 12:00am

The following is an update of some of the key upcoming affordable housing/community development inflection dates for 2011. Let me know of others that should be added.

Mid Feb. 2011 – Treasury GSE Plan scheduled to be released.

Mid. Feb. – NMTC Awards – $3.5 billion

Mon., Feb. 14 – Obama FY 2012 Budget Release

Mar. 4 – Continuing Resolution Expires

Mar./Apr. – Federal Debt Limit Reached

April 1 – Senate Budget Committee reports concurrent resolution on the FYE 2012 budget

April 15 – Congress completes action on the concurrent resolution on the FYE 2012 budget

June 30 – End of IRS Guidance Planning Fiscal Year

Sept. 30 – Federal 2011 Fiscal Year ends

Oct. 1 – Federal 2012 Fiscal Year begins