Search Results
January 11, 2022
News
March 2, 2022
Blog Article
Since the 1990s, demand for the 9% low-income housing tax credit (LIHTC) has substantially exceeded the supply. The affordable housing community understands there will be competition. By contrast, until recently, nearly all states had enough tax-exempt private activity bonds (PABs) for every eligible affordable rental housing proposal. Systems and mindsets reflected what was nearly an entitlement to the resource.
October 26, 2021
Blog Article
Among the numerous housing and community development provisions included in the Build Back Better Act (BBBA), the House reconciliation bill currently pending in Congress, are several proposals to enhance the New Markets Tax Credit (NMTC) incentive.
Making the tax credit a permanent part of the Internal Revenue Code would ensure investments in underserved communities continue into the future, as well as address the disparate impact the pandemic has had on low-income communities.
Conference Subpage