Novogradac Journal of Tax Credits Volume 13 Issue 5

Abridged version of the May 2022 issue of the Novogradac Journal of Tax Credits. For more content, please subscribe to the Journal.
Articles
One of the most flexible, but undersubscribed financing tools for housing and community development offered by the U.S. Department of Housing and Urban Development (HUD) is the Section 108 loan guarantee program. The Section 108 program has 300-plus active participants despite having more than 1,200 eligible recipients, a $300 million fiscal year 2022 authorization and multiple eligible uses.
This month, in the Journal’s annual low-income housing tax credit (LIHTC) issue, we’re going to consider strategies and consequences of pairing LIHTCs with renewable energy tax credits (RETCs).
State low-income housing tax credit (LIHTC) incentives are an attractive source of equity when financing the development of affordable housing. More states are realizing that.
Preserving affordable housing is a malleable pursuit that can change on a case-by-case basis. Each development carries its own distinct challenges and advantages.
Novogradac’s 2021 year-end report on equity raising for opportunity zones (OZ) investment showed more than $24 billion in cumulative investment–nearly $7 billion more than the June 30, 2021, reported equity raised.
News Briefs
Historic tax credits news briefs for May 2022, including federal NPS updates and state legislation and regulation changes.
New market tax credits news briefs for May 2022, including legislation and project updates.
Renewable energy tax credits news briefs for May 2022, including legislation, report, and advocacy updates.
News briefs for May 2022, including legislation, HUD notices, an FHA announcement and the President's budget.
Property compliance news briefs for May 2022, with updates from Washington state, Minnesota, Alabama, Alaska and Illinois.