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Journal of Tax Credits Volume 3 Issue 5
Articles
Congress faces no critical fiscal deadlines before September 30; however, the number and magnitude of fiscal deadlines start to build October 1 and reach epic proportions by April 15, 2013. One member of Congress has suggested that the number and magnitude of fiscal issues just might lead to bipartisan congressional action finding “inspiration through desperation.”
Question: How does a real estate entity qualify as qualified active low-income community business (QALICB) under the new markets tax credit (NMTC) targeted population regulations?
When the California Supreme Court ruled on two redevelopment agency (RDA)-related budget bills in late December 2011, the outcome was one that affordable housing stakeholders had considered the worst case scenario. The court upheld Assembly Bill (A.B.) X1 26, which dissolved the state's RDAs, and struck down A.B. X1 27, which allowed RDAs to continue operating if they made specified contributions to local school and special districts.
Question: How do investment tax credits (ITCs) generated by solar projects compare to those generated by historic rehabilitation building projects?
News Briefs
The Federal Housing Finance Agency (FHFA) released the 2012 Conservatorship Scorecard, which includes specific objectives and timetables for Fannie Mae.
The U.S. Department of Housing and Urban Development (HUD) through the Energy Innovation Fund awarded nearly $23 million to a dozen organizations. The fund is a pilot program.
The U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) will hold a series of public teleconference meetings regarding the Section 538 Guaranteed Rural.
By a vote of 41 to 9, the Iowa Senate passed Senate File 2326 to increase the state’s renewable energy production incentives. From 2015 to 2019, the bill would add 15 megawatts.
The Local Initiatives Support Corporation (LISC) named Matt Josephs its senior vice president for policy, based in the Washington, D.C. office. Josephs brings more than 20.
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