The Secretaries of the U.S. Departments of Treasury and Housing and Urban Development recently co-signed a letter to Senator Mary Landrieu, in response to correspondence the agencies received from Sen. Landrieu in March. The letter expresses the Secretaries’ commitment to work with Congress to enact a one-year extension of the placed-in-service deadline for Gulf Opportunity (GO) Zone low-income housing tax credit (LIHTC) properties. A one-year extension would move the placed-in-service date for GO Zone properties to January 1, 2013.
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