NJHMFA Announces the Fund for the Restoration of M...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
hurricane_sandy affordable_housing momjian low-income_housing_tax_credit | Affordable Housing | Tuesday April 16, 2013 | By Arthur J. Momjian
The New Jersey Housing and Mortgage Finance Agency has held two
information sessions on the Additional Tax Credits/Fund for Restoration of
Multifamily Housing which will be funded from the Super Storm Sandy CDBG grant
provided to the State of New Jersey...
Leveraging Sandy CDBG Grants
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
hurricane_sandy low-income_housing_tax_credit momjian new_markets_tax_credits | General | Tuesday March 26, 2013 | By Arthur J. Momjian
A prominent mandate of the New Jersey, New York City, and
New York State action plans is the leveraging of Sandy CDBG grants with other
federal programs and private funds. In this
vein, there are several programs which are available to leverage...
Treasury Asked to Clarify Ability to Use Hurricane...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
momjian low-income_housing_tax_credit sandy | Affordable Housing | Wednesday January 09, 2013 | By Arthur J. Momjian
In anticipation of the tax exempt bond financing to be provided by the Hurricane Sandy and National Relief Act of 2012, the Treasury has been requested to clarify the ability to finance the acquisition and rehabilitation with...
Congress Extends New Markets Tax Credit Program, M...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
new_markets_tax_credits momjian low-income_housing_tax_credit | New Markets Tax Credit Program | Wednesday January 02, 2013 | By Arthur J. Momjian
The American Taxpayer Relief Act of 2012 passed by
Congress yesterday extends several Federal tax credit benefits critical to the
development of affordable housing, low-income community development, and
renewable energy. The Act authorizes...
Senate to Vote on Hurricane Sandy Bill
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
new_markets_tax_credits momjian hurricanse_sandy low-income_housing_tax_credit | Affordable Housing | Monday December 24, 2012 | By Arthur J. Momjian
Voting 91 to 1, Senate Democrats and Republicans
joined to move for a vote this week on the Hurricane Sandy and National Relief
Act of 2012. This $60.4 billion Bill would
fund recovery efforts in states affected by Hurricane Sandy. If passed...
Senate Proposes Hurricane Sandy and National Relie...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
new_markets_tax_credits new_jersey low-income_housing_tax_credit momjian hurricanse_sandy | General | Tuesday December 11, 2012 | By Arthur J. Momjian
The Senate introduced a summary of the proposed Hurricane
Sandy and National Relief Act of 2012. The major provisions of the Act include
special allocations of Federal New Markets Tax Credit authority, Federal
Low-Income Housing tax credit allocation; and...
A New Look at the 4% Federal Low-Income Housing Ta...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
tax_credits low-income_housing_tax_credit momjian | Subsidized Financing Programs | Wednesday November 14, 2012 | By Arthur J. Momjian
During the past several years as a result of reduced federal
and state subsidies, the 4% Federal low-income housing tax credit has been an
infrequently used Federal subsidy. However, with the competitiveness and
unclear future of the Federal New Markets Tax...
IRS Provides Relief for LIHTC Projects Affected by...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
momjian low-income_housing_tax_credit | Affordable Housing | Tuesday November 06, 2012 | By Arthur J. Momjian
The Internal Revenue Service has issued Notice 2012-68 in
which it suspends certain requirements under § 42 of the Internal Revenue
Code for low-income housing credit projects to provide emergency housing
relief needed as a result of the devastation...
Developing Real Estate Projects - A New Look at Ol...
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
tax_credits momjian new_markets_tax_credits low-income_housing_tax_credit | General | Friday October 12, 2012 | By Arthur J. Momjian
The change in focus of the Federal New Markets Tax Credit Program to non-real estate businesses together with the high demand on the Program has deprived the real estate industry of a very valuable financing subsidy. Developers could use the New...
Twinning the New Markets Tax Credit
New Markets Tax Credit, Affordable Housing, and Super Storm Sandy
momjian new_markets_tax_credits low-income_housing_tax_credit community_development_entities | New Markets Tax Credit Program | Wednesday May 30, 2012 | By Arthur J. Momjian
While the Federal New Markets Tax Credit Program and the
Federal Low-Income Housing Tax Credit Program are mutually exclusive – the former
available for non-residential property and the latter available for residential
rental property – the New Markets Tax...
