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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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...