In the News
January 30, 2019
The Boston University Initiative on Cities recently announced the results of its 2018 Menino Survey of Mayors, a nationally representative survey of mayoral thoughts and challenges on today’s top issues. According to the survey, which is based on interviews with a representative sample of 110...
In the News
January 30, 2019
The IRS Chief Counsel is appointed by the President of the United States, with the advice and consent of the U.S. Senate, and serves as the chief legal advisor to the IRS Commissioner on all matters pertaining to the interpretation, administration, and enforcement of the Internal Revenue Code, as...
Feature
December 23, 2018
As a tax credit manager, you must be aware of households’ composition and how changes in the size of an existing household after the initial tenant income certification may invoke certain LIHTC rules. Generally, changes in family size don’t cause a unit to stop being income-qualified.
Compliance
December 23, 2018
As a tax credit owner or manager, you should familiarize yourself with key documents to help you manage your tax credit site. To make it easy for you to get these documents, we’ll discuss five useful documents you can download from the Internet. We’ll tell you about each document and...
Q & A
December 23, 2018
Q As I understand it, there’s an exception to the student rule for a single parent. At what age is the child no longer considered a child or a full-time student for the purposes of this exception?
A For the LIHTC program, a household cannot be comprised of all full-time students (...
