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May 1, 2015
Periodical News Brief
On March 23, the Internal Revenue Service (IRS) released Notice 2015-23, which updates the resident population figures to be used by states and localities in calculating the 2015 calendar year state housing credit ceiling and the 2015 private activity bond volume cap and volume limit. ...
October 1, 2015
Periodical News Brief
The U.S. Department of Housing and Urban Development (HUD) released the fiscal year 2016 (FY 2016) proposed fair market rents (FMRs) Sept. 3. FMRs are used to determine payment standards for the Housing Choice Voucher (HCV) program. ...
September 1, 2015
Periodical News Brief
The National Association of Home Builders (NAHB) Housing Credit Group released the study, “The Economic Impact of Repealing or Limiting Section 1301 Like-Kind Exchanges in Real Estate,” June 22. ...
March 1, 2014
Periodical News Brief
On Dec. 19, the Internal Revenue Service (IRS) released a draft audit technique guide (ATG) for the low-income housing tax credit (LIHTC) program. The guide was prepared to assist IRS examiners with auditing taxpayers, usually partnerships, owning IRC §42 lowincome housing projects ..