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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...

October 6, 2009
Podcast

Response to Atlanta Flooding; Legislative Climate in Washington, D.C.; TCAP Reporting Requirements; NCSHA Comment Letter on GSEs' Duties to Underserved Markets; Military Families Affordable Homes Act of 2009

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.