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January 1, 2015
Periodical News Brief

On Nov. 18, Sens. Al Franken, D-Minn.; Rob Portman, R-Ohio; Patty Murray, D-Wash.; and Susan Collins, R-Maine; released a Dear Colleague letter to all Senate offices in support of the Housing for Homeless Students Act of 2014 (S. 2723). ...

August 1, 2015
Periodical News Brief

The Joint Center for Housing Studies of Harvard University (JCHS) released the report, “The State of the Nation’s Housing 2015” June 24. JCHS provides an assessment of the state of the rental and homeownership markets in its annual report. ...

December 1, 2015
Periodical News Brief

The Internal Revenue Service (IRS) released Revenue Procedure (Rev. Proc.) 2015-49 Oct. 13. Rev. Proc. 2015-49 provides the amounts of unused 2015 Low-Income Housing Tax Credit (LIHTC) carryovers allocated to qualified states under Section 42 of the Internal Revenue Code (IRC). ...

September 7, 2010
Podcast

Tax Extenders; QEI Report; Improvements to CRA; IRS Bond Ruling; FHFA’s 2001 Housing Goals for GSEs; NY Changes State HTC; Financial Reform Bill’s Implications for Renewable Energy Investment; Tax Credit Tidbits

March 1, 2015
Periodical
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...

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...

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. 

Handbooks and Booklets

Introduction to Low-Income Housing Tax Credits

Fifth Edition 

Now in its fifth 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.