by Audra Garrison | Jan 19, 2023 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2023-3, 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 | Nov 22, 2022 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2022-22, 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 | Nov 3, 2022 | LIHTC News
HUD published its 2023 Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs), effective for allocations of credit or bonds issued after December 31, 2022. HUD is required to annually designate DDAs, which are areas with high construction, land, and...
by Audra Garrison | Oct 27, 2022 | LIHTC News
The IRS published Revenue Procedure 2022-37, announcing $5,423,591 of unused low-income housing tax credits allocated from the national pool to 27 qualified states for calendar year 2022. The national pool in 2022 reflects a decrease from the $7.8 million in unused...
by Audra Garrison | Oct 20, 2022 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2022-20, 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 | Sep 22, 2022 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2022-18, 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...
