The shortage of affordable housing equates to 35 affordable and available units per 100 ELI renter households in the United States, with the ratio even further exaggerated in particular states.
The IRS recently released Notice 2017-19, which gives states population figures used in determining LIHTC allocation amounts as well as private activity bond caps. Rev. Proc. 2016-55 specifies that for the year 2017, each state shall receive the greater of $2.35 multiplied by the state’s population or $2,710,000. Section 3.20 of the same Re. Proc. […]
An article by Jeff Whiting reminds us that tax reform presents opportunity.
Presented to the most outstanding Low Income Housing Tax Credit (Housing Credit) properties in seven categories, the Edson Awards bring together Members of Congress and industry participants to celebrate developments at the forefront of creating strong, healthier communities in urban, suburban, and rural areas nationwide.
Reps. Pat Tiberi (R-OH), and Richard Neal (D-MA) introduced the legislation on Feb. 15, 2017
In his article, Mike Novogradac predicts the implications of potential tax reform on generally accepted accounting principles for the Historic Tax Credit – and how those implications differ from the LIHTC.
Dr. Ben Carson, the nominee for HUD Secretary, underwent a confirmation hearing before the Senate Committee on Banking, Housing, & Urban Affairs on January 12, 2017.
A downloadable PDF of the January 2017 Green Tax Incentive Compendium is available on the R+C Sustainability Practice Center LinkedIn website.
Look for Rep. Hensarling to continue efforts to replace Dodd-Frank with an alternative bill and make GSE reform a priority as well.
The Green Urbanism Program of Global Green USA has released its 2016 analysis of state Qualified Allocation Plans in regards to green building criteria. The study, which has been ongoing since 2005, identified trends in 2016, made recommendations, and gave ratings for each state QAP.
The comprehensive information reports on federal rental assistance nationally and by state, and reports on particular populations as well as compares rural and metropolitan areas.
Another Continuing Resolution would allow legislators to negotiate a year long FY-2017 spending bill with President-Elect Trump rather than with President Obama.