News & Analysis as of

Affordable Housing Tax Credits New Legislation

Conn Kavanaugh

Affordable Homes Act Significantly Increases Homestead Exemption

Conn Kavanaugh on

On August 6, 2024, Governor Maura Healy signed the Affordable Homes Act (the Act”), legislation whose purpose is to address rising housing costs within the Commonwealth by implementing public investment, changes to zoning...more

Sullivan & Worcester

Housing Bill Becomes Law, But It’s Not Just About Housing

Sullivan & Worcester on

On Tuesday, August 6th, Governor Healey signed into law House Bill 4977, “An Act relative to the Affordable Homes Act.” The 181-page Bill provides for $5.1 billion in capital funding to support housing production and...more

Polsinelli

Alabama To Offer State Tax Credit for Federal 4% LIHTC Projects

Polsinelli on

As affordable housing has continued to be a topic of concern across the United States, states are evaluating ways to spur and support affordable housing development. In response to affordable housing needs, Alabama became the...more

Polsinelli

Texas Offers State Low-Income Housing Tax Credits

Polsinelli on

Texas Governor Greg Abbott (R) recently signed Texas House Bill (H.B.) 1058, making Texas at least the 28th state, plus the District of Columbia, to offer state low-income housing tax credits to bridge the growing affordable...more

Lippes Mathias LLP

Florida State Legislature Passes Sweeping Affordable Housing Bill

Lippes Mathias LLP on

On March 24, 2023 the Florida State Legislature passed and presented to Gov. DeSantis a sweeping housing bill which aims to provide significant support for affordable and workforce housing development and preservation for...more

Burr & Forman

South Carolina State Low Income Housing Tax Credit Will Provide Major Boost to Affordable Housing Projects

Burr & Forman on

The South Carolina General Assembly passed the Workforce and Senior Affordable Housing Act on May 12, 2020, and the Act was signed into law by the Governor on May 14, 2020. The Act is effective for qualified projects placed...more

Pierce Atwood LLP

Maine Enacts Affordable Housing Tax Credit

Pierce Atwood LLP on

On January 12, 2020, Governor Janet Mills signed L.D. 1645, establishing a Maine affordable housing tax credit (AHTC). The Maine State Housing Authority (MaineHousing) will be tasked with administering and allocating $80...more

Snell & Wilmer

Are You Ready, Nevada? Nine New Laws for the New Year

Snell & Wilmer on

Don’t let hindsight be 2020. While others are enjoying the holidays and a well-deserved break, Nevada businesses should “check their lists twice” to make sure they are compliant with a host of new laws going into effect in...more

Best Best & Krieger LLP

Omnibus Housing Bill Adds Teeth to Housing Element Law Enforcement

Best Best & Krieger LLP on

Part 1: New California Housing Laws - The California Department of Housing and Community Development was given more tools to hold cities accountable for housing-element compliance. Spanning 140 pages, Assembly Bill 101,...more

Holland & Hart LLP

Nevada Legislative Update - August 2019

Holland & Hart LLP on

The Nevada State Legislature’s 80th regular session made history with the first female majority in the nation. This session focused on issues such as healthcare, energy, construction, and employment. ...more

Downs Rachlin Martin PLLC

Captive Insurance Update | Issue No. 2 | 2018 - A summary of state and federal developments in the captive insurance industry

Vermont's Leadership Team - Vermont’s leadership team largely stayed the course in 2017. Governor Phil Scott and Michael Pieciak, the Commissioner of the Department of Financial Regulation (the “DFR”), each completed a...more

Ballard Spahr LLP

Tax Reform – Consolidated Appropriations Act Provides Added Bonus for LIHTC Projects

Ballard Spahr LLP on

On March 23, the President signed the Consolidated Appropriations Act, 2018 (H.R. 1625), a $1.3 trillion dollar spending bill that funds the federal government through September 30, 2018. ...more

Ballard Spahr LLP

Tax Reform Actualized and the Impact on Affordable Housing and Community Development

Ballard Spahr LLP on

As we know, the President has signed what was originally titled Tax Cuts and Jobs Act, the most significant overhaul to the U.S. Tax Code since 1986. The President signed the Act into law after the first of the year in order...more

Stinson LLP

Emerging Trends in Tax Credit Finance: Expansion of Renewable, Development, Housing Programs

Stinson LLP on

On December 18, 2015, the landscape improved for individuals and businesses looking to invest in affordable housing, economic development and renewable energy projects. Congress passed and the President signed into law the...more

McDermott Will & Emery

Seeing Green: New York’s Reformed Brownfields Cleanup Program Creates Opportunities for Redevelopment to Generate Refundable Tax...

McDermott Will & Emery on

Now is the time to begin brownfield redevelopment projects in the State of New York. Reauthorization of and reforms to New York’s Brownfields Cleanup Program, which provides tax credits to redevelop contaminated properties,...more

15 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide