IRS Form 8823 and the 8823 Guide

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...

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...