Recent News

Thursday, December 5, 2019

Montana Housing is accepting applications through Dec. 30 for the Multifamily Coal Trust Homes Program, which will provide $15 million of Coal Tax Trust Fund dollars through low-interest loans to develop affordable rental homes. The program was created by H.B.

Tuesday, December 3, 2019

The Internal Revenue Service will publish final regulations to implement the base erosion and anti-abuse tax (BEAT) in Friday’s Federal Register. Treasury Decision 9885 finalizes proposed regulations published Dec. 21, 2018, and is effective Friday.

Monday, November 18, 2019

Seven members of the House of Representatives introduced legislation that would bar jurisdictions from using a high-housing-cost adjustment to calculate area median income for low-income housing tax credit properties without approval from the U.S. Department of Housing and Urban Development. The Affordable Housing and Area Median Income Fairness Act of 2019 (H.R.

Monday, November 18, 2019

The Wisconsin Housing and Economic Development Authority (WHEDA) issued modifications to its qualified allocation plan for 2019 and 2020 to include the average-income option for the rural set-aside for 9 percent low-income housing tax credits (LIHTCs).

Friday, November 8, 2019

Democratic presidential candidate Pete Buttigieg today released a plan that includes spending $430 billion on affordable housing measures. Buttigieg’s plan includes more investment in low-income housing tax credits, as well more investment in the Housing Trust Fund, Capital Magnet Fund, and the U.S. Department of Housing and Urban Development’s HOME funds and Community Development Block Grants.

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