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March 1, 2015
Periodical News Brief

The United States Supreme Court heard arguments Jan. 21 concerning the disparate impact housing case, Inclusive Communities Project Inc. v. the Texas Department of Housing and Community Development. The arguments were heard to determine what constitutes discrimination in affordable housing. ...

Handbooks and Booklets

The 2012 Edition of the Low-Income Housing 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.

Handbooks and Booklets

The Novogradac Nonprofit Housing Developers Handbook introduces nonprofit organizations to the world of affordable housing development.

December 1, 2014
Periodical
November 2, 2010
Podcast

Mid-Term Elections; Tax Extenders; 2011 LIHTC and Bond Caps; 2010 National Pool; Proposed Housing Trust Fund Rules; New York NOFA; NMTC Conference Highlights; Historic Program Task Force; Section 48C Extension Proposal; Geothermal Energy Jobs Report

May 1, 2014
Periodical News Brief

On March 27, Rep. Maxine Waters, D-Calif., Ranking Member of the Financial Services Committee, released the Housing Opportunities Move the Economy (HOME) Forward Act of 2014. The legislation would create a secondary mortgage market reform and end Fannie Mae and Freddie Mac...

March 1, 2015
Periodical
August 6, 2013
Podcast

Tax Reform; Bond Tax Credits; Upcoming Dates; Low-Income Housing Tax Credit Fixed Floor; S. 1442; Native American Housing Assistance and Self-Determination Act of 2013; S. 1352; Proposed Fiscal Year 2014 Fair Market Rents; Fiscal Year 2012 Annual Report on the Historic Tax Credit; 2014 Vermont Downtown Historic Tax Credits; New Markets Tax Credit Coalition Advocacy Letter; Community Development Financial Institutions Fund Website Improvement Survey; Interstate Renewable Energy Council Solar Installation Trends Report.

June 1, 2014
Periodical News Brief

On April 10, Rep. Charles B. Rangel, D-N.Y., introduced the Renters Tax Credit Act of 2014 (H.R. 4479). The act would provide a renter’s credit for low-income tenants that would be administered and implemented by state agencies through a public-private partnership with property owners and lenders...

July 1, 2014
Periodical News Brief

On June 10, former U.S. Senate Majority Leader George Mitchell and former U.S. Senator Christopher Bond issued a statement supporting H.R. 4717. The bill would amend the Internal Revenue Code of 1986 to make permanent the 9 percent credit rate floor for new construction, and create...

December 1, 2015
Periodical News Brief

On May 14, the Louisiana Joint Legislative Committee on the Budget approved H.B. 1144, which alters the Louisiana Housing Corporation (LHC) fee schedule. H.B. 1144 also removes provisions that require the LHC to charge only those fees determined by the Louisiana Housing...

October 1, 2014
Periodical News Brief

On Aug. 21, the Internal Revenue Service (IRS) released Revenue Procedure 2014-49 and Revenue Procedure 2014-50. Both documents provide guidance about temporary disaster relief for qualified developments that were financed with low-income housing tax credits (LIHTCs) or tax-exempt bonds...

April 1, 2015
Periodical
August 1, 2015
Periodical
September 1, 2015
Periodical Article
Handbooks and Booklets

Now in its fourth edition, this booklet is an introduction to the basics of the Low-Income Housing Tax Credit (LIHTC) program. The Introduction to Low-Income Housing Tax Credits provides a brief but substantive look into the background and structure of the LIHTC. It gives readers an opportunity to learn the LIHTC players, credit types and how they are awarded, how to apply for credits, the role that bonds play, how the LIHTC is calculated, how transactions are financed and how to comply with LIHTC rules. The booklet can be a primer for real estate professionals who are considering entering the world of LIHTC projects or a resource for the new hires at companies that have years of experience investing in, lending to, consulting for or producing affordable rental housing. The fourth edition has been updated to reflect today’s LIHTC landscape and market conditions, including the effect of the prospect of comprehensive tax reform and the minimum 9 percent rate on the LIHTC as well as updates on state caps, compliance regulations and more. Charts and illustrations have also been refined and updated.