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Novogradac & Company LLP provides online resource centers that present the most comprehensive and up-to-date information for the affordable housing and community development industries.

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The Internal Revenue Service (IRS) issued Announcement 2024-25 today, which will be included in the June 17 Internal Revenue Bulletin, to announce that 324.785 megawatts (MW) of unallocated environmental justice solar and wind capacity limitation from the 2023 Low-Income Communities Bonus Credit Program has been carried over to 2024.

The Internal Revenue Service (IRS) issued today a notice that expanded the safe harbor for two types of renewable energy facilities for the domestic content bonus for renewable energy tax credits (RETCs) along with a new safe harbor for classifying and calculating amounts of the domestic content bonus.

The U.S. Department of Housing and Urban Development (HUD) will publish in an upcoming edition of the Federal Register a notice of proposed rulemaking to update regulations for the HOME Investment Partnership Program (HOME).

The U.S. Department of the Treasury and Internal Revenue Service (IRS) announced today that applications will open at 9 a.m. ET May 28 for the 2024 program year of the low-income communities bonus program for the Internal Revenue Code (IRC) Section 48(e) investment tax credit (ITC). All applications submitted in the first 30 days will be treated as being submitted on the same date at the same time.

Alabama Gov. Kay Ivey signed legislation Thursday creating a state low-income housing tax credit (LIHTC) for properties that receive federal 4% LIHTCs.

The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register establishing renewal funding inflation factors (RFIFs) and the methodology to calculate them to adjust fiscal year 2024 renewal funding for the housing choice voucher program for public housing agencies (PHAs).

Legislation introduced in the Rhode Island Senate would provide a tax credit for improvements to certain properties financed by low-income housing tax credits (LIHTCs).

Understand the Basics

The Introduction to Low-Income Housing Tax Credits booklet is an introduction to the basics of the LIHTC incentive and provides a brief, substantive look into the background and structure of the tax credit.

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Comprehensive NMTC Insights and Information

From application and financing to development and compliance, the Novogradac New Markets Tax Credit Handbook is your definitive guide to the new markets tax credit (NMTC).

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Essential Historic Rehabilitation Resource

The Novogradac Historic Rehabilitation Handbook contains the most current guidance on rehabilitating historic properties with the historic tax credit.

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