News & Analysis as of

State Taxes Income Taxes Low Income Housing

Perkins Coie

Real Estate Excise Tax Exemption Encourages Affordable Housing

Perkins Coie on

Transfers of real property to certain qualifying entities will no longer be subject to real estate excise tax in Washington State, effective on January 1, 2023. The Washington State Legislature passed Engrossed House Bill...more

Burr & Forman

South Carolina Housing Issues State Low Income Housing Tax Credit Policies

Burr & Forman on

South Carolina enacted a state low income housing tax credit on May 14, 2020... The South Carolina State Housing Finance and Development Authority (SC Housing) is required to issue an eligibility statement in order for a...more

Burr & Forman

South Carolina State Low Income Housing Tax Credit Will Provide Major Boost to Affordable Housing Projects

Burr & Forman on

The South Carolina General Assembly passed the Workforce and Senior Affordable Housing Act on May 12, 2020, and the Act was signed into law by the Governor on May 14, 2020. The Act is effective for qualified projects placed...more

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