by AAHA | Feb 5, 2015 | articles
WASHINGTON – Feb. 2, 2015 – In its proposed budget for fiscal year (FY) 2016, the Obama administration proposes to permanently reauthorize the New Markets Tax Credit (NMTC) program in 2016 and requests $5 billion of allocation authority per year, as well as authority...
by AAHA | Oct 2, 2013 | articles
The U.S. Department of the Treasury today announced it has approved term sheets for $325 million in community development bonds, which it will guarantee through the fiscal year 2013 round of the Community Development Financial Institutions (CDFI) Fund Bond Guarantee...
by AAHA | Mar 7, 2013 | articles
The Novogradac Journal of Tax Credits – March 2013 includes the following articles: Non-Legislative Developments to Watch in 2013 Small Properties, Sizeable Challenges Historic Tax Credit Impact Numbers Speak to the Continued Need for the HTC 2013 Solar Industry...
by AAHA | Dec 21, 2012 | articles
Washington, D.C. – The Internal Revenue Service (IRS) will treat the revised fiscal year 2013 Multifamily Tax Subsidy Program (MTSP) income limits released on Dec. 11 as if they were released on Dec. 4 for all Internal Revenue Code (IRC) §42 purposes, according to...
by AAHA | Dec 10, 2012 | articles
By Michael J. Novogradac, CPA In his re-election speech on Nov. 6, President-elect Barack Obama said he was looking forward to reaching out and working with leaders of both parties in the coming weeks and months to meet a number of challenges, including reforming the...
