by Jo Ikelheimer | May 13, 2016 | Tax Credits
While the IRS Guide for Completing Form 8823 hasn’t seen an update since 2011, don’t take that to mean that no important new guidance for the LIHTC program has been issued since then. For example, Change 4 to HUD Handbook 4350.3 – probably the most... by Jo Ikelheimer | Mar 11, 2016 | Tax Credits
Revenue Procedure 2016-15, which was published by the IRS late last month, amends the long-standing compliance monitoring requirements for state housing agencies with respect to Low-Income Housing Tax Credit properties. The stated purpose of the Revenue Procedure is... by Jo Ikelheimer | Feb 12, 2016 | Tax Credits
As my faithful readers know, I can be found every January in Washington, DC at the National Council of State Housing Agencies’ Housing Finance Institute. This is an opportunity for state housing agency staff and other industry professionals to meet with and... by Jo Ikelheimer | Jan 15, 2016 | Tax Credits
Happy New Year everyone! I am excited to report that with the dawn of 2016, we have good news out of Washington: the long-awaited Housing Trust Fund (HTF) – our nation’s newest source of affordable housing funding, created by the Housing and Economic Recovery... by Jo Ikelheimer | Nov 17, 2015 | Tax Credits
As I work on my last big projects for 2015, I have higher-level LIHTC issues on my mind. I believe that managing LIHTC – or any housing program for that matter – in a blended capacity is one of the more challenging tasks that management can encounter and one that more...