On Thursday, July 14, Senate Finance Committee member Maria Cantwell (D-WA) and Senate Finance Committee Chairman Orrin Hatch (R-UT) introduced legislation (S.3237) to improve the Low Income Housing Tax Credit.
Historic Tax Credit Advocacy During Summer Recess Urgently Needed The Historic Tax Credit (HTC) is the most significant federal financial commitment to historic preservation. Over the last 36 years, the credit has created 2.3 million jobs, leveraged $117 billion in investment, and rehabilitated more than 41,250 buildings — all while generating enough in federal taxes […]
In late March, HUD’s Office of Recapitalization hosted a listening session to receive feedback on how they can facilitate more efficient closings of RAD transactions. The session has resulted in changes regarding the HAP effective date and information regarding initial year funding.
The Woda Group is pleased to announce the awarded Tax Credits to 43 Town Square in Lima, OH. “We are excited to have the chance to revitalize a building with this much character and deep roots in a community that could benefit from more housing in the city,” said Jeffrey Woda, Principal of The Woda Group, Inc.
It is with great sadness that we report that our friend and colleague Preston C. Moore passed away at his home on Tuesday July 5 at the age of 84. Preston was the President of Urban Home Ownership Corporation in New York City and one of the founding members and a longtime Director of National […]
NH&RA Board Member Amy M. Glassman, an attorney for Ballard Spahr’s Real Estate Department, has joined the firm’s partnership.