State Tax Credits

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The National Council of Affordable Housing Market Analysts has made available the PowerPoint Presentations and handouts presented during the 2009 Public Policy & Market Study Forum: Affordable Housing In The ‘Stimulated’ Economy.

Arkansas Governor Mike Beebe last week signed into law the Arkansas Historic Rehabilitation Tax Credit Bill.

NH&RA has made available individual PowerPoint presentations from the recent 2009 Annual Meeting & NMTC Symposium, March 11-15 in Key Largo, Florida.

Arkansas State Rep Robert Moore has introduced a bill (HB 1953) that would create an Arkansas state historic rehabilitation tax credit.

Montana state legislature is considering legislation (HB 631) that would increase the state’s rehabilitation tax credit from 25% to 100% of the federal rehabilitation tax credit.

New York’s state historic rehabilitation tax credit would be expanded by newly introduced bills.

The Abell Foundation has published a new report on the impact of Maryland’s state historic preservation tax credit.

A bill (SB 199) has been introduced in the Oregon state legislature that would increase by $4 million the cap on the amount of Oregon Affordable Housing Tax Credits that may be outstanding in any fiscal year, from $17 million to $21 million.

In his newly released proposed FY 2010 state budget, Maryland Gov. Martin O’Malley (D) has said he plans to submit legislation that would revise and enhance the state’s Heritage Tax Credit Program, which provides a state tax credit for the rehabilitation and renovation of historically and culturally significant properties, preserving Maryland’s architectural heritage.