On July 1, 2020, the Internal Revenue Service published IRS Notice 2020-53, which provides temporary relief to owners of Section 42 Low-Income Housing Tax Credit (LIHTC) properties due to the COVID-19 pandemic.
Jo Ikelheimer
Jo Ikelheimer has served as NCHM’s Director of LIHTC Compliance since 1998. Jo is the primary architect of NCHM’s Tax Credit Specialist (TCS) course and the lead developer of Blended Occupancy Specialist (BOS). In addition to leading the development of the curricula, Jo trains these courses as well as NCHM’s signature compliance course, Certified Occupancy Specialist (COS).
Recent Posts
IRS Form 8823 and the 8823 Guide
For those unfamiliar with the Low-Income Housing Tax Credit Program (LIHTC), the number 8823 may have no particular meaning. However, if you are involved in the development, ownership or management of properties utilizing this federal affordable housing program then it should be part of your knowledge base for a thorough understanding of LIHTC.
CARES Act Includes Eviction Moratorium for Federal Housing Programs
Passed into law on March 27, 2020 in response to the COVID-19 pandemic, the Coronavirus Aid, Relief and Economic Security (CARES) Act includes provision for an eviction moratorium on non-payment of rent for most federal housing programs.