On December 21, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will each be allowed to invest up to $1 billion annually (originally $850 million) in low-income housing tax credits (LIHTCs), beginning in 2024. The Enterprises...
As of December 13, the AHCIA (H.R. 3238/S. 1557) has received the support of nearly half of Congress at large.
State and Local Investments in Rental Housing: A Summary of Findings from the 2023 Rental Housing Programs Database
The National Council of State Housing Agencies (NCSHA) released an updated edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide how states administer the federal low-income housing tax credit (LIHTC) incentive....
The Internal Revenue Service has announced an increase in the low-income housing tax credit (LIHTC) and private-activity bond volume caps for 2023. The amounts used to calculate the state credit ceiling for 9% LIHTCs will be the greater of $2.90 multiplied by the...
Federal banking regulators released the final rule reforming the Community Reinvestment Act (CRA), since 1995.
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