The Buzz: Choice Neighborhoods get initial funding

Bookmark and Share

Date Published: 02/01/2010

Author: Buzz Roberts, LISC Senior Vice President

from the February 2010 issue of Novogradac Journal of Tax Credit Housing.


Congress has given the Obama Administration a head start on its new Choice Neighborhoods program in the fiscal year 2010 appropriations bill. Now it’s up to the U.S. Department of Housing and Urban Development (HUD) to make the next move.

> Download the PDF to read more...

This article first appeared in the February 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, --Public Housing, --Affordable Housing Preservation, --Community Development, Policy, --Housing

Type: Trade Article