NCSHA recommends broader, ongoing training

As NCHM’s Director of LIHTC Compliance, I was encouraged to find that the National Council of State Housing Agencies’ recently published Recommended Practices in Housing Credit Administration placed additional emphasis on the need for broader and ongoing...

LIHTC relief offers shelter from the storms

In light of the three major hurricanes and other natural disasters that have occurred in the U.S. this year, I am happy to write about a piece of good news in the form of Revenue Procedure 2014-49, which provides temporary relief for LIHTC owners from certain...

Conference explores challenges facing LIHTC

Low Income Housing Tax Credit (LIHTC) professionals gathered from across the country in mid-June at the National Council of State Housing Agency’s Housing Credit Connect conference in Atlanta to review the state of our nation’s housing, learn about current issues and...

Recent LIHTC questions from eHotline

Hi folks! I thought I would share a few recent questions pertaining to LIHTC that we received through eHotline – our free technical assistance service for those with active NCHM certification. Q:  Our LIHTC property has two buildings and on question 8b under Part 2 of...

Proposed changes go beyond LIHTC’s name

Have you heard the latest? Two pieces of legislation were recently introduced that, among other things, would change the name of the Low-Income Housing Tax Credit (LIHTC) program to the Affordable Housing Tax Credit program. But other changes proposed by the...