The Texas Department of Housing & Community Affairs recently issued a newsletter that provides clarification about utility allowance and gross rent violations for the Housing Tax Credit program. Also contained in the newsletter:

  • Building Identification Numbers
  • Reporting Noncompliance with Utility Allowance Requirements: Specifics and General Guidelines
  • Claiming IRC §42 Credit for the 11th Year of the 15-Year Compliance Period
  • Administrative Reminders
  • Subscribing to the LIHC Newsletter

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