The Buzz: In addition to legislation: How the Obama administration can stimulate LIHTC investments
Date Published: 08/20/2009
Author: Buzz Roberts, LISC Senior Vice President for Policy
Buzz Roberts discusses possible executive policies the administration could use to stimulate LIHTC investments. Published in the August 2009 issue of Novogradac Journal of Tax Credit Housing.
It is crucial for Congress to pass legislation to stimulate private investment in low-income housing tax credit (LIHTC) properties. But the Obama Administration can also complement legislation by taking some steps on its own. These executive policies would not themselves require congressional action and could have a positive and swift effect on investment markets. Here are three possibilities:
> Download the PDF to read more...
This article first appeared in the August 2009 issue of the Novogradac Journal of Tax Credit Housing and is reproduced here with
the permission of Novogradac & Company LLP.
© Novogradac & Company LLP 2009 - All Rights Reserved.
Notice pursuant to IRS regulations: Any U.S. federal tax advice contained in this article is not intended to be used, and cannot
be used, by any taxpayer for the purpose of avoiding penalties under the Internal Revenue Code; nor is any such advice
intended to be used to support the promotion or marketing of a transaction. Any advice expressed in this article is limited to
the federal tax issues addressed in it. Additional issues may exist outside the limited scope of any advice provided – any such
advice does not consider or provide a conclusion with respect to any additional issues. Taxpayers contemplating undertaking
a transaction should seek advice based on their particular circumstances.
This editorial material is for informational purposes only and should not be construed otherwise. Advice and interpretation
regarding property compliance or any other material covered in this article can only be obtained from your tax advisor. For
further information visit www.taxcredithousing.com.
Topic: Policy
Type: Trade Article