The Internal Revenue Service (IRS) released Revenue Procedure 2012-27 to inform taxpayers of how to notify the Internal Revenue Service of any increase in tax resulting from a reduction in the qualified basis of a LIHTC building in order to begin the 3-year statutory period for assessing a deficiency. Revenue Procedure 2012-27 is effective after May 2, 2012 and will be published in IRB 2012-21 on May 21, 2012.
Click here to read IRS Revenue Procedure 2012-27.
Ohio Housing Finance Agency Announces Board and Committee Meetings – Nov. 20, 2024
Minnesota Housing is now accepting pre-applications for an award of 2025 four percent Housing Tax Credits (HTC) for projects expected to be financed with tax-exempt volume limited bonding authority from Minnesota Management and Budget (MMB).
The 2025 draft of CHFA’s Transit-oriented Communities (TOC) Credit Allocation Plan is now available for review on CHFA’s website.
Oregon Housing and Community Services Announces Public Comment and Meeting Invitations for Proposed Rulemaking