Friday, December 18, 2015

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LIHTC Industry Edges Close to Permanent 9% Minimum Rate In a huge win for the affordable housing industry, Congress has included a permanent extension of the 9% low-income housing tax credit (LIHTC) rate in a final tax extenders package.
Proposed Tax Extenders Legislation Would Permanently Extend Minimum 9 Percent Housing Credit Rate . . . The House is expected to vote on the plan Thursday or Friday, with the Senate following soon thereafter.Congress set to vote on a critical tax extenders package.
http://www.housingfinance.com/finance/tax-extenders-package-includes-permanent-9-minimum-lihtc-rate_o

The LIHTC program financing tool that has created 2.4 million affordable housing units in the country.
Working to Protect, Strengthen and Expand the Low-Income Housing Tax Credit
http://www.rentalhousingaction.org/take-action

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