Tag: LIHTC

Missed Opportunity for LIHTC on Budget Accord

Filed in Capitol Hill, Multifamily by on March 22, 2018 1 Comment
Missed Opportunity for LIHTC on Budget Accord

Republican and Democrat leaders struck a deal yesterday on a $1.3 trillion omnibus spending package that missed a golden opportunity to significantly strengthen the Low Income Housing Tax Credit program.

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Understanding LIHTC Verification Requirements

Filed in Education, Multifamily by on March 7, 2018 0 Comments
Understanding LIHTC Verification Requirements

Join speaker Amanda Lee Gross, director of compliance training for E&A Team Inc., as she looks closely into the regulations and uncovers what is truly required when it comes to verifying income and other tenant eligibility requirements for the low income housing tax credit program.

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3 More Cities Added to LIHTC Maps

Filed in Codes and Regulations, Housing Trends, Multifamily by on December 29, 2017 0 Comments

NAHB has added Seattle, Chicago and Denver to its exclusive series of maps detailing metro areas where the Low Income Housing Tax Credit is used to develop new affordable homes.

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NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

Filed in Capitol Hill by on December 6, 2017 0 Comments
NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

NAHB Chairman Granger MacDonald and CEO Jerry Howard met with key members of Congress today to push for the association’s housing priorities as the tax reform process moves to a House-Senate conference committee. The meetings were productive and NAHB remains optimistic about the key housing elements we are seeking in the final conference report.

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A Final Push on Tax Reform

Filed in Capitol Hill by on December 6, 2017 4 Comments
A Final Push on Tax Reform

As House and Senate conferees work to produce a final tax overhaul package, NAHB is urging congressional leadership to produce a conference report that provides the best outcome for home owners, renters and the small business community. We need you to join the fight.

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Senate Approves Tax Reform Bill

Filed in Capitol Hill by on December 2, 2017 25 Comments
Senate Approves Tax Reform Bill

Senate Republicans this morning narrowly approved legislation to revamp the nation’s tax code. While NAHB opposes the House-passed tax reform package, the Senate bill represents a step in the right direction.

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Fannie Mae, Freddie Mac Re-enter the Low Income Housing Tax Credit Market

Filed in Housing Finance by on November 16, 2017 0 Comments
Fannie Mae, Freddie Mac Re-enter the Low Income Housing Tax Credit Market

In a positive development that should help boost the affordable housing market, the Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will be allowed limited re-entry into the Low-Income Housing Tax Credit (LIHTC) market as equity investors, effective immediately.

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Senate Tax Reform Bill Boosts Affordable Housing

Filed in Capitol Hill, Multifamily by on November 16, 2017 0 Comments
Senate Tax Reform Bill Boosts Affordable Housing

Senate Finance Committee Chairman Orrin Hatch (R-Utah) has released an updated version of the Senate tax reform bill that includes a number of changes that are favorable for the Low-Income Housing Tax Credit.

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Senate Tax Reform Bill a Better Starting Point

Filed in Capitol Hill by on November 10, 2017 5 Comments
Senate Tax Reform Bill a Better Starting Point

While NAHB still opposes the current House tax reform legislation, the Senate bill released last night represents a step forward. Unlike the House bill, the Senate package provides meaningful tax relief for small businesses and keeps the complete Low-Income Housing Tax Credit program in place. However, NAHB believes that both the House and Senate bills fall short in maintaining an effective homeownership tax incentive.

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Senate Tax Reform Bill: Better for Affordable Housing

Filed in Capitol Hill, Housing Finance, Multifamily by on November 10, 2017 0 Comments
Senate Tax Reform Bill: Better for Affordable Housing

The Senate tax reform legislation represents a much better deal for multifamily developers and members of the affordable housing community.

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