IRS releases notice on HFA Hardest Hit Fund and EHLP
The IRS recently released a notice (Notice 2011-14) that: provides guidance on the federal tax consequences of, and information reporting requirements for, payments made to or on behalf of financially...
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HUD, IRS, and RD move forward with harmonization
This article is reprinted with the permission of Nixon Peabody LLP Over the past year the White House has sought to align federal rental policy. Sometimes called “Harmonization,” these efforts have...
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IRS publishes final NMTC targeted populations regulations
This article is reprinted with the permission of Nixon Peabody LLP In addition to the usual rules defining “low income communities” where projects are eligible for the new markets tax credit, the Code...
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