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Issue #55 of the Low Income Housing Credit Newsletter is now available on the NAHMA website. The LIHC Newsletter provides a forum for networking and sharing information about IRC 42, the

Low-Income Housing Credit, and communicating technical knowledge, skills, guidance, and assistance for developing LIHC issues. In this issue, Grace Robertson of the IRS covers:

· Foreclosures

· A PHA Utility Allowance Update

· Noncompliance Correction Periods

· IRC Sec. 42 Audit Technique Guide

To view the latest issue, please follow this link to the LIHTC page at

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