Novogradac Tax-Exempt Bond Handbook

2020 Print Edition
Handbook Cover - Tax-Exempt Bond 2020

The Novogradac Tax-Exempt Bond Handbook is a comprehensive, single-volume resource for all the regulations, guidance and legislation on the use of tax-exempt bonds in multifamily housing developments. This edition replaces the 2017 volume and covers the latest developments in the tax-exempt bond regulatory framework and corresponding industry best practices. The 2020 edition updates all regulations and incorporates recent guidance and issuance data.

New sections on:

  • Fannie Mae MTEB program and Freddie Mac TEL program
  • Surge in rental housing bonds use
  • 95 percent of proceeds requirement
  • Change in veteran housing’s bond financing eligibility

Updated sections on:

  • Bond ratings
  • Recycled bonds
  • Timing for minimum set-aside test application
  • Treatment of regular refunding and advance refunding issues in relation to volume cap
  • Public approval requirement (TEFRA hearing)
  • Combining tax-exempt housing bonds with LIHTCs
  • Credit percentage election
  • LIBOR rate retirement

Click here to view the Table of Contents >>