The Texas Department of Housing & Community Affairs recently issued a newsletter that provides clarification about utility allowance and gross rent violations for the Housing Tax Credit program. Also contained in the newsletter:
- Building Identification Numbers
- Reporting Noncompliance with Utility Allowance Requirements: Specifics and General Guidelines
- Claiming IRC §42 Credit for the 11th Year of the 15-Year Compliance Period
- Administrative Reminders
- Subscribing to the LIHC Newsletter
