by Audra Garrison | Aug 29, 2024 | LIHTC News
The National Council of State Housing Agencies released new and updated model forms for state Housing Credit Agency use in Low Income Housing Tax Credit program compliance. The model compliance forms, which include an updated Tenant Income Certification and new Asset...
by Audra Garrison | Nov 2, 2023 | LIHTC News
The National Council of State Housing Agencies (NCSHA) today released the seventh edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide each state’s administration of the federal Low Income Housing Tax Credit...
by Audra Garrison | Jul 20, 2023 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2023-13, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt...
by Audra Garrison | Jun 15, 2023 | LIHTC News
Removing Cap on Low-Income Housing Tax Credit Pilot Program Transactions HUD’s Office of Multifamily Housing Programs is removing the $25 million cap for Low-Income Housing Tax Credit (LIHTC) Pilot Program transaction that fall under new construction and substantial...
by Audra Garrison | Apr 20, 2023 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2023-9, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt...
by Audra Garrison | Mar 30, 2023 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2023-6, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt...