The Buzz: Beyond legislation: Innovative ideas to attract LIHTC investments
Date Published: 01/01/2010
Author: Buzz Roberts, LISC Senior Vice President
Buzz Roberts discusses the proposals for executive branch actions and private innovations that could encourage investment in LIHTCs. Published in the January 2010 issue of Novogradac Journal of Tax Credit Housing.
Apart from legislative proposals, what actions could help stimulate investments based on low-income housing tax credits (LIHTCs)? That was the topic at a forum convened by the Federal Reserve Board of Governors and the Federal Reserve Bank of St. Louis in Washington on November 10.
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This article first appeared in the January 2010 issue of the Novogradac Journal of Tax Credit Housing and is reproduced here with
the permission of Novogradac & Company LLP.
© Novogradac & Company LLP 2010 - 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.
Topics: Housing, --Affordable Housing Finance & Development, --Affordable Housing Preservation, Policy, --Housing
Type: Trade Article