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Low-Income Issues Consolidated Appropriations Act (CAA)

Nelson Mullins Riley & Scarborough LLP

Treasury Announces a Second Application Round for ECIP Investments

The United States Department of the Treasury (“Treasury”) recently announced that a second application round has opened for investments in eligible Minority Depository Institutions (“MDIs”) and Community Development Financial...more

Butler Snow LLP

New Markets Tax Credit Program Once Again Extended, Spurring Continued Economic Growth

Butler Snow LLP on

The New Markets Tax Credit (NMTC) program is a shining light for struggling communities, spurring economic development and producing job growth in low-income communities, many of which are areas that have been hit the hardest...more

Hogan Lovells

Coronavirus: The Hill and the Headlines, January 2021 # 2

Hogan Lovells on

In Washington: In a statement on Monday, Food and Drug Administration (FDA) Commissioner Stephen Hahn and Peter Marks, director of the agency’s Center for Biologics Evaluation and Research, responded that it was...more

Buchalter

New Income Averaging Guidance (Revenue Ruling 2020-4)

Buchalter on

On January 30, 2020 the IRS recently issued Revenue Ruling 2020-4 that provides additional guidance on calculating income limit designations for units in a project that has selected the Average Income Test to qualify for the...more

Ballard Spahr LLP

Implementation of the Housing Choice Voucher Program under the 2017 Appropriations Act

Ballard Spahr LLP on

On June 28, 2017, HUD issued Notice PIH 2017-10 (HA) (the “Notice”) providing guidance on the implementation of the Housing Choice Voucher (“HCV”) program funding provisions of the Consolidated Appropriations Act, 2017 (the...more

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