Novogradac Journal of Tax Credits Volume 13 Issue 12
Abridged version of the December 2022 issue of the Novogradac Journal of Tax Credits. For more content, please subscribe to the Journal.
Though Illinois-based Brinshore Development has built more than 10,000 apartments in 20 states, one in-construction affordable housing property holds special significance for one of the firm’s co-founders.
Until the new markets tax credit (NMTC) is made an indefinite part of the Internal Revenue Code, permanence will remain at the top of the NMTC Working Group’s list of priorities.
The Low-Income Housing Tax Credit (LIHTC) Working Group has been active in 2022 working with industry leaders, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to provide comments on guidance needed by LIHTC participants.
The Novogradac Opportunity Zones (OZ) Working Group was founded to identify and address technical and administrative issues that arise under the federal OZ incentive.
Novogradac created the GAAP Accounting for Tax Credits Working Group in 2021 to provide a platform for tax credit industry participants who wanted to be proactive in seeking the extension of favorable accounting principles to community development and renewable energy tax credits.
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Historic tax credit news briefs for December 2022 with news about an exemption for electrical vehicle equipment, an updated Technical Preservation Services website and a New Jersey theater rehabilitation.
New markets tax credits news briefs for December 2022, with updates from the CDFI Fund and Minnesota.
Renewable energy news briefs for December 2022, with updates from the Department of the Treasury, the IRS and more.
Department of Housing and Urban Development news briefs for December 2022, with updates about DDAs and QCTs, COVID-19 supplemental payments, RAD properties and more.