Tax Credits

(HOUSING TAX CREDITS) Tax Credits To 15 Iowa Developers
   Iowa Finance Authority's board names 15 developers to receive $10 million in low-income housing tax credits. The credits will help finance about 800 affordable housing units throughout the state.
posted 6/9/11 5:01 PM  read complete story

(LOW-INCOME HOUSING) Ohio Projects Get LIHTC Awards
   Thirty-three developments will share $23.8 million in low-income housing tax credits awarded by the Ohio Housing Finance Agency. The projects will provide 1,732 affordable housing units in 22 counties
posted 4/8/11 12:38 PM  read complete story

(HOUSING TAX CREDITS) LIHTC Change In FY 2012 Budget Plan
   HUD wants to change the low-income housing tax credit (LIHTC) program to expand its occupancy threshold requirement. The proposal calls for two reforms: Income averaging to replace the set-income rule and an
posted 2/18/11 12:30 PM  read complete story

(TAX CREDIT STUDY) HUD To Study LIHTC Progress
   HUD plans to examine what happens to Low Income Housing Tax Credit (LIHTC) properties when they hit the 15-year mark. The department wants to assess whether projects are remaining affordable, what types
posted 2/4/11 12:10 PM  read complete story

(TAX CREDITS) NMTC, GO Zone Extended
   Extension of the New Markets Tax Credit program for two years has been signed into law by President Barack Obama. The provision made the final cut in the tax extender bill approved late in last year's lame-duck
posted 1/14/11 12:14 PM  read complete story

(LIHTC) Iowa Awards $181M In LIHTCs, CDBGs
   More than $181.6 million is allocated to build or rehabilitate 1,597 units of affordable housing in Iowa. The awards are grants from the federal Low-Income Housing Tax Credit program and the
posted 9/24/10 12:35 PM  read complete story

(TAX CREDITS) Bank, Google Team On Housing
   U.S. Bancorp Community Development Corp. will control a low-income housing tax credit fund for the Google Internet search engine. The fund will be used to build and maintain about 480 rental
posted 9/10/10 12:46 PM  read complete story

(TAX CREDITS) Tax Credits Allotted By Housing Agency
   Texas Department of Housing & Community Affairs awards $68 million low income housing tax credits to private developers building or rehabilitating 55 developments that will provide affordable rental housing
posted 8/13/10 12:39 PM  read complete story

(TAX CREDITS) Illinois Housing Tax Credit Extended
   Four bills designed to boost affordable housing in Illinois, protect homeowners from foreclosure, and ease property taxes for veterans are approved in the Legislature and signed by Gov. Pat Quinn
posted 8/6/10 10:36 AM  read complete story

(TAX CREDITS) New LIHTC Fund In Illinois
   Great Lakes Capital Fund creates the Illinois Community Fund Limited Partnership to make federal tax credits available to owners of affordable rental properties. Great Lakes, a preferred vendor of
posted 6/4/10 12:34 PM  read complete story