Formed in 2005, NH&RA's New Markets Tax Credit Council brings together active participants in New Markets Tax Credit transactions including CDE executives, investors, developers, lenders, government officials, consultants and legal and accounting professionals to discuss the most pressing legislative, regulatory, financial and transactional issues facing the industry and build consensus on solutions. The council is an active advocate for the extension of the of the New Markets Tax Credit program on Capital Hill and meets regularly with key Department of Treasury staff. Additionally, the council hosts New Markets Tax Credit Symposia twice per year and convenes regularly at face-to-face meetings and via monthly conference calls.
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The U.S. Department of Housing and Urban Development (HUD) on December 22 issued a proposed rule to govern the sale of HUD-held single family homes and mortgage assets in designated revitalization areas . read more
Date Published: 01/06/2009
Tags: Affordable Housing, HUD, Native America/Indian Housing, Local Programs
The Alabama Housing Finance Authority recently published a final qualified allocation plan (QAP) for its 2009 low-income housing tax credit program. read more
Date Published: 01/06/2009
Tags: Tax Credits, LIHTC
The Colorado Housing and Finance Authority has released its final 2009 QAP and application for its low-income housing tax credit program. read more
Date Published: 01/06/2009
Tags: Tax Credits, LIHTC
In an interview reported by the Boston Globe, U.S. Representative Barney Frank indicated he wants the government to spend $10 billion on stalled low-income housing tax credit projects unable to secure equity. read more
Date Published: 01/06/2009
Tags: Congress, Multi-Family Finance, Affordable Housing, Tax Credits, LIHTC
In a new paper commissioned by the Massachusetts Housing Partnership (MHP, www.mhp.net), based on a survey of stakeholders in Massachusetts and other states, the firm Recap Advisors recommends 10 strategic steps that state housing credit agencies should take to most effectively allocate their 2009 low-income housing tax credits in the current troubled LIHTC equity environment. read more
Date Published: 01/06/2009
Tags: Tax Credits, LIHTC
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